glennmercer

USDCAD Short: One More Drop Before Retrace

Short
glennmercer Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is showing short term and long-term weakness. Many indications of an upcoming drop, followed closely by what could be a rebound toward the unhit daily pivot before further bearish movement out of the rising wedge. See chart for more details. Happy Trading!
Trade active
Trade closed: target reached:
+29 Pips

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