USDCAD SELL OPPORTUNITY

6 Haz 2018

USDCAD completed a BEARISH BUTTERFLY formation creating a PIN bar to confirm the reversal. Price dropped close to 140pips from the point at which the butterfly was completed. I could see the formation of an emerging 5-0 as price keeps dropping. I expect the fall to continue to 1.27900 - 1.27600 region or lower.