USD/CAD to continue Bearish descent M30

5 thg 10, 2021

I believe that following its retracement back to 1.26100 (now complete), it looks like bearish continuation will happen however wait for candlestick confirmation perhaps on the H1 chart before placing Shorts.

My target price is a retest of the bottom range 1.25675 - 600

In addition to the Stochastics, and SMAs, i would consider opening a EUR/USD chart to see the negative correlation to assist in your decision

Best of luck.

5 thg 10, 2021

Ghi chú

NOTE - I am moving my SL to 1.26290