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U.S. Dollar / Canadian Dollar
Short

USDCAD: Your Trading Plan 🇺🇸🇨🇦

By VasilyTrader
snapshot

USDCAD is trading in a bearish trend on a daily.
The price is currently testing a key horizontal resistance.

Approaching that, the price formed a head & shoulders pattern on 1H time frame.
1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that).

Sell aggressively or on a retest then.
Goals will be 1.3493 / 1.3456

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CADcanadiandollarCandlestick AnalysisforexsignalsforextraderfreesignalsfxsignalsfxtradingHead and ShouldersMultiple Time Frame AnalysistradingUSDCAD
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