USD/CAD SHORT

By FXNoob_Trader
Updated
Price formed resistance at around 1.31455
Smaller time frames [1h] tested multiple times
Target 1.31108
Comment
Price closed below 1.30086
as long as price remains below support
Bearish continued momentum
Comment
see if candle closes if remains below 1.30086
Bearish move still in play.

NOTE*** USD TURKEY DAY HOLIDAY
Comment
IF PRICES REMAIN BELOW AND HOLDS
1.300 BULLISH MOVEMENT
Trade closed: target reached
Price momentum was quite bearish.
Possible pull back for further confirmation of Bear movement
Note Stimulus to bring USD to weaken

Note: Seasonal flow short term USD strength for a pull back and retest resistance.
Support and ResistanceTrend AnalysisUC

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