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U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD short

119
If DXY rejects resistance we could see USDCAD dropping to make a new lower low. A rejection candle on the 4hr will be our short signal.
Note
snapshot

50 EMA is just hanging on the trend line.
Note
snapshot

Lets see reaction on the 200 daily EMA
Note
Lets see if it is a double bottom on the daily
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Trend Analysis

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Trend Analysis
PMTradeALot
Also on:

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.