Hey traders!
Here on the USD/CAD we have good reasons to go short:
DAILY Chart:
1-The market is under 200EMA (Bearish Trend)
4H Chart:
1- The market is under the 50EMA (Bearish Trend)
2- We can see a nice pullback after the Daily support level has been broken
3- We also have a good entry reason to go Short-> the formation of the bearish Engulfing candle
GO GREEN!