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USD/CAD Eyeing Bearish Push-down

Short
Dollar Américain / Dollar Canadien (FX:USDCAD)  
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FX:USDCAD   Dollar Américain / Dollar Canadien
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After successfully reaching the take profit as per our previous idea, the USD/CAD currency pair appears to be once again gearing up for a possible bearish impulse. In all likelihood, the price may experience a temporary rebound upon reaching the dynamic trendline of the upside trendline of the bearish channel. Our current outlook is centered on the emergence of a fresh wave of bearish momentum, potentially resulting in a downward push.
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✅ Previous Winning Idea


USD/CAD: Possible Pullback to 61.8% Fibonacci Level

Idées en relation

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EUR/USD Bias Remains Bullish with Dynamic Trendline Support
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