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USD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT

Short
Dolar USA/Dolar Kanadyjski (FX:USDCAD)  
EliteTradingSignals  
FX:USDCAD   Dolar USA/Dolar Kanadyjski
Trend Analysis Chart Patterns Wave Analysis USDCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.322 area.

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