Although in our weekly analysis, we are looking to short USDCAD. However, this pair is still in its Uptrend on 240 min chart. Thus, we need to wait for the market to show weakness to confirm our analysis.
The market just close below the trendline. We are waiting for a break of Previous Low and retest before entering this trade.
The market just close below the trendline. We are waiting for a break of Previous Low and retest before entering this trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.