Short Continuation USDCAD
Updated
Very clean Continuation pattern on the daily timeframe. At this point the USDOLLAR is looking weak accross multiple pairs whilst breaking support on the DXY. I feel a further decline in the USD is imminent coming into the next month.
I will be looking here for a retest of the triangles support turned resistance followed by confirmation on the lower timeframes.
Will look to play this down to the recent daily lows.
I will be looking here for a retest of the triangles support turned resistance followed by confirmation on the lower timeframes.
Will look to play this down to the recent daily lows.
Note
Monitoring the 4 Hour pullbackNote
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