Short Vision on USDCAD
Hello Dear Traders,
You find below my analysis for USD/CAD, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame USD/CAD will fall to 1.244 as I am showing in my chart. Our Weekly Goal is 1.23625.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Currently,USD/CAD is moving towards the resistance level of 1.2525 ,where there is some liquidity from this value we are looking for short-term selling opportunities of USD/CHF.
Good Luck and enjoy your Bearish Market.
Entry:@ 1.253
TP1: @ 1.248
TP2: @1.244
TP3: @1.23625
SL: @1.26
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
You find below my analysis for USD/CAD, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame USD/CAD will fall to 1.244 as I am showing in my chart. Our Weekly Goal is 1.23625.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Currently,USD/CAD is moving towards the resistance level of 1.2525 ,where there is some liquidity from this value we are looking for short-term selling opportunities of USD/CHF.
Good Luck and enjoy your Bearish Market.
Entry:@ 1.253
TP1: @ 1.248
TP2: @1.244
TP3: @1.23625
SL: @1.26
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
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