Weekly Overview : Good sell opportunity

2020-02-10 13:55:56

Hello Traders ,

We can see price is approaching strong resistance zone and bullish momentum is slowly fading which suggests that we can see retracement very soon ,
For this week we would like to look for SHORT setups only in USDCAD unless there is strong breakout above resistance zone , which may change the technical picture to bullish continuation and resistance will become strong support..

Trade as per your analysis and strategy , we recommend looking for shorts only till price remains below resistance..