USDCAD sell

May 16

This idea revolves around 30m and 15m timeframe and expects the bearish USDCAD continues.

• The previous big support in 15m timeframe act as a new resistance, the price hits and then make a rejection
  
• The price already hits the 30m resistance twice and it might be hits thrice until it goes lower.
  
• Expect sideways in the very near short term, but will go down lower in the intraday