Is USDCAD Ready for a Short Trade | Swing Trade Idea

Updated
Is USDCAD Ready for a Short Trade | Swing Trade Idea

I see that USDCAD has been in a mild down trend on the daily chart

It has created a range and a downward channel.

Can we Short the USD/CAD now?
Trade active
Stop Loss moved to BreakEven
Trade active
Target 1 Hit
Trade closed: target reached
snapshot
Chart PatternshourlychartlooniesellsignalswingtradingTrend AnalysisUSDCAD

Also on:

Disclaimer