USD-CAD Still In The Channel! Sell!

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Dólar Americano/Dólar Canadense (FX:USDCAD)

FX:USDCAD Dólar Americano/Dólar Canadense

trendanalysis chartpattern waveanalysis usdcad dollar forex canadiandollar forecast signal sell short parallelchannel

Hello,Traders!
USD-CAD is trading in a downtrend
In a falling Channel Which is still unbroken
And the pair is now hitting upon the resistance confluence
On lower timeframes I can see a bear wedge
So I am still bearish biased, but I would wait
Till we see a conclusive move to the downside
IF however, we see a bullish breakout,
Then I will change my bias to the bullish one
But for now->Sell!
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