USD/CAD analysis for October 03, 2018


Recently, the USD/CAD pair has been trading sideways at the price of 1.2835. According to the M30 time – frame, I found that potential a bearish flag in creation. My advice is to watch for a potential bearish breakout of the lower diagonal to confirm further downward continuation. Take profit level is set at the price of 1.2784

The material has been provided by InstaForex Company -