USD/CAD Trade Idea

Hello and welcome to my Trade Idea of the currency pair USD/CAD.

Let's start with the Top Down Analysis.


Monthly: Overall the chart move sideways. But because of the huge bearish candles in the past it's bearish. But because of the huge bearish candles in the past it's bearish.

Weekly: The weekly timeframe is bearish

Daily: We see a bearish trendline as well as the price touched a very strong level.


Have a nice day.