USDCAD: Bearish, short signals in play
The USDCAD has been rejected from the main resistance zone around 1.0680:
It will probably continue its way down to the next LT support zone around 1.0412, therefore I will be looking for short opportunities.
Trading Plan:
As long as the USDCAD keeps trading below 1.0607 I will be looking for short trade opportunities.
Long opportunities will be ignored.
Trade Safe!
Raul Lopez
Tags: Canadian dollar, Forex majors, USDCAD Analysis
