USDCAD potential short?
Hi guys, this is just a quick and simple analysis on USDCAD for a potential sell. USDCAD has had a lovely sell off recently and I can't see any reason for it to not carry on selling off.
Price is respecting R1 and has rejected it.
Price has formed a bearish engulfing on the 4HR.
Price has shown high volume of bearish momentum.
Let me know what you guys think of this!!
Price is respecting R1 and has rejected it.
Price has formed a bearish engulfing on the 4HR.
Price has shown high volume of bearish momentum.
Let me know what you guys think of this!!
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