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mngFX

USDCAD, Massive Drop ready to happen!

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Dólar Americano/Dólar Canadense (OANDA:USDCAD)  
mngFX  
OANDA:USDCAD   Dólar Americano/Dólar Canadense
Chart Patterns Multiple Time Frame Analysis Parallel Channel USDCAD DXY Crude Oil WTI usdcadlong usdcadshort
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chartpattern mtfa parallelchannel usdcad dxy usoil usdcadlong usdcadshort
Hi Traders,

Looking at the price action we can see what used to be bullish momentum turned to sellers control. Price was moving with a HTF Wedge structure which had a reversal Impulse and created a LTF bearish continuation.

Looking for a drop to first target near 1.2550 then 1.2450 level if price can continue.

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Trade Safe!

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