USDCAD analysis for shorts
UCAD is stuck in support/resistance, there is a nice triple top that has formed which corresponds with the daily 50% fib perfectly. On this time frame i expect price to reach resistance before continuing down, price potentially may break support right away but this setup seems more plausible.
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.