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USD/CAD SHORT
U.S. Dollar / Canadian Dollar
Short
USD/CAD SHORT
By FXNoob_Trader
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Updated
Nov 25, 2020
0
Nov 13, 2020
Price formed resistance at around 1.31455
Smaller time frames [1h] tested multiple times
Target 1.31108
Nov 25, 2020
Note
Price closed below 1.30086
as long as price remains below support
Bearish continued momentum
Nov 26, 2020
Note
see if candle closes if remains below 1.30086
Bearish move still in play.
NOTE*** USD TURKEY DAY HOLIDAY
Dec 1, 2020
Note
IF PRICES REMAIN BELOW AND HOLDS
1.300 BULLISH MOVEMENT
Dec 11, 2020
Trade closed: target reached
Price momentum was quite bearish.
Possible pull back for further confirmation of Bear movement
Note Stimulus to bring USD to weaken
Note: Seasonal flow short term USD strength for a pull back and retest resistance.
Support and Resistance
Trend Analysis
UC
FXNoob_Trader
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