USD.CAD - Approaching 1.3700 Key Resistance

Currency Pair: USD.CAD
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Short

USD.CAD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

تعليق:

Daily bearish engulfing candle forming ( not yet confirmed ) in addition to the 4hr 50EMA breakout.
Additional downside is required prior to providing a trade opportunity.