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EliteTradingSignals

USD/CAD BEST PLACE TO SELL FROM|SHORT

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Dólar Americano/Dólar Canadense (FX:USDCAD)  
EliteTradingSignals Atualizado   
FX:USDCAD   Dólar Americano/Dólar Canadense
Chart Patterns Trend Analysis Wave Analysis USDCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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chartpattern trendanalysis waveanalysis usdcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

Bearish trend on USD/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.348.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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