USDCAD is Forming a Down Trend

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Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37400 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37400 support and resistance area.
Trade safe, Joe.
Ghi chú
Decent pullbacks approaching the trend now, BoC may consider waiting until July to cut rates

ảnh chụp nhanh
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USDCAD falls to a new low for the week
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ảnh chụp nhanh

Perfect rejection of the trend but in another support and resistance downwards
Ghi chú
We are doing good now, USDCAD broke perfectly below 1.37000
Giao dịch đang hoạt động
seems like sellers are willing to take control
Bearish PatternsBeyond Technical AnalysisCADTechnical IndicatorsSELLshortTechnical AnalysisTrend AnalysisUSDUSDCAD

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