Technical analysis of the USDCAD pair.

USDCAD Daily

Market is bearish. The 21 is below the 55. Price is also bearish and the 5 is below the 8. Price will come down to MS/ 1.2016, bears will take profit and then price will rise to around MM2/1.2460, where bears will sell at support.

Source: mt4

USDCAD H4

Market is also bearish. Price is bearish. Bears taking profit at just below WM1 at 1.2150. Price will come back up to around WPP at 1.246 where bears will sell again.

Source: mt4

One thought on “USDCAD Technical analysis 2017/09/06”

  1. bndayel says:

    hi I want to say thank you for every thing you did .

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