USDCAD - Mirror Image of NZD/USD

Di themdtrader
Just opposite to the performance of NZD/USD since August 15th at least, CAD/USD has been trending downward and it has challenged its support level with a breakdown after failing to overcome resistance at the 1.31038 level. This is a short signal to me, but let's see how it goes!
Entry point and Stop level indicated on the chart. Profit target will be taken discretionarily (no set target).
breakdownChart PatternsdowntrendForexshortSupport and ResistanceTrend AnalysisUSDCAD

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