Greetings Forexia Crew, Lets break down the analysis on usdcad, i believe from the higher time frame analysis, the pair has overall downtrend. While, the pair has formed fake up trend against overall trend. Meanwhile, the pair has broke the uptrend and bounced off the zone multiple times. Thus, i believe the pair has more potentials to go down.
Please use proper money management and lot sizes!!! Join Forexia Academy to become trader.