OUTLOOK :
bearish outlook in usdcad but we are trying to find a bearish scenario in market with confirmation , market is at the daily support , so we gonna try for sell opportunity .
TECHNICAL ANALYSIS :
technically , usdcad in chart we can see RSI indicator shows the fully bearish look in the market , however Bollinger bands shows also bearish trend so trying sell is better.
SNR :
key support levels for usdcad are at 139350 and 139563 and the resistance levels 140214 .
TRADING STRATEGY :
based on our analysis , we recommend a short positin in usdcad so be careful this market if wanna make money you have to use your money management and control your emotions , we always trade smarter .
BEST WISHES TOM 😎