USDCAD 15, 3R+

2019-11-21 23:51:20

Shorting bounce. It failed to make a higher high. The recent large sell off broke a previous support, signaling a possible trend reversal to the downside. There was already a decent retracement of that fall, which hit resistance right at the 200MA, and now it looks good to continue lower. Watching for a break of 1.3270 area support. Trade is already active.