USDCAD: Classic Breakout Trade 🇺🇸🇨🇦

Short

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Trend Lines Support and Resistance Candlestick Analysis USDCAD DJ FXCM Index USD dollar Forex forecast trading Technical Analysis

trendline supportandresistance candlestick usdcad usdollar usd dollar forex forecast trading technicalanalysis

snapshot

USDCAD broke and closed below a rising trend line after a test of a solid horizontal resistance
on an hourly time frame.

It makes me think that the pair may go lower now.

Goals: 1.3627 / 1.361

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