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USD/CAD SHORT FROM RESISTANCE

Penjualan
Dollar A.S. / Dollar Kanada (FX:USDCAD)  
EliteTradingSignals  
FX:USDCAD   Dollar A.S. / Dollar Kanada
Trend Analysis Chart Patterns Wave Analysis USDCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.327 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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