PropSignals

USDCAD short to be continued!!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Please refer to my previous Idea of 21st January 2024

Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week.

Although majority of market were ranging last week, I have managed to sell USDCAD at good level as market in the chart. I am still holding this trade and looking for a potential move towards 1.32000 level.

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