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U.S. Dollar / Canadian Dollar

USDCAD: Gap

By AbdorhmanThi
USDCAD opened the week with a gap. This is an indication of more downside, especially since we saw a good respect of new resistance on the opening of the week. Ideally, we would like to see the gap to be filled before moving lower. I am currently long for first target and will be looking to short at 2nd target.

What are your thought?
canadianChart PatternsTrend AnalysisUSDCADDJ FXCM IndexWave Analysis
AbdorhmanThi

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