USDCAD Short on the pullback Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

⋅ May 26, 2020 1:29 PM

USDCAD broke below strong support. Look for prices to pullback to the former support (no resistance) and retrace lower. Before shorting there should be strong momentum and long wicks on top of the candles.

Trend Analysis Support and Resistance