Short USDCAD..... Good Risk to Reward Opportunity.
We can see USDCAD is currently near its resistance level @1.4185 price level. What I am expecting to see is a bearish movement down to the support level @1.3650 with the aid of upcoming CAD news. I believe a lower head will be formed assuring us the weakening of strength for this pair.
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FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you agree with our idea and COMMENT to share your analysis as well as your idea on this pair. Cheers and happy trading!!! Drop me a private message on Tradingview for more help!!!
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