USDCAD – Bearish market condition

Earlier this morning the USDCAD broke through an important LT support level triggering a bearish market condition:

As long as the USDCAD trades below 0.9698 I will be looking for short opportunities.

The next LT support level is around 0.9261

Trade Safe!

Raul Lopez
Forex Training

USDCAD Analysis


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .