BBMA - Forex USDCAD Weekly Analysis July 2nd - 6th 2018

The study follows based from timeframe on the chart

D1 - Reversal on Top BB, Expect Re-Entry SELL on MA5 High
6H - Strong momentum increasing downtrend, confirmation of downtrend if price is below MA50
3H - Price is below MA50 and strong bearish momentum can be occur

This week's target for USDCAD drops till MA50 on Daily chart