USDCAD- Bearish Opportunity
The Endogenous factors for USDCAD are stable and increasing but Exogenous factors are decreasing. The seasonality for USDCAD also shows a sharp fall in the last week of November and the first week of December.
Technical analysis also shows that USDCAD has made a new LL and LH after a bearish divergence at 4H but is getting support from a strong support zone. Wait for the break of this support to enter a short position.
Technical analysis also shows that USDCAD has made a new LL and LH after a bearish divergence at 4H but is getting support from a strong support zone. Wait for the break of this support to enter a short position.
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