traderpulse

USD/CAD Technical analysis

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
The trendline in the 15-min chart has run its course with a strong bearish candle closing below it.
The price is just consolidating below the line for now.
Hence we expect the pair to be bearish for the short term.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.