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KaltoireCapital

USD/CAD Bears are strong; 1.34 possible target

Short
Dollaro / Dollaro canadese (FX:USDCAD)  
KaltoireCapital  
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD usdcadshort usdcadforecast usdcadanalysis usdcadlong
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trendanalysis chartpattern beyondta usdcad usdcadshort usdcadforecast usdcadanalysis usdcadlong
Based on the theme of broad-based US Dollar weakness since the last two weeks, USDCAD bears have broken a very important Support level as shown in the chart.

So, it is possible that USDCAD Bears may enter the picture again and continue to push the price lower till the 1.34 level.

Idee correlate

KaltoireCapital
USD/CAD Price Outlook| Drop to 1.34 is back in picture
KaltoireCapital
USD/CAD Bears are getting closer to the target 1.34
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