The bearish sentiment prevails on the USD/CAD currency pair. Over the past week, a pronounced descending channel (H1 timeframe) has formed. It is necessary to pay attention to this situation. At the moment, the price is testing the lower border of the figure. We recommend looking for entry points to the market in order to open short positions.
Conservative traders should wait for the correction to the offer zone of 1.35750-1.35900.
If the USD/CAD quotes consolidate below the round level of 1.35000, we also recommend considering sales. The target level of movement is 1.34500-1.34250.
by , 2017.05.22
Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.
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