USDCAD short - Still valid - Combining with the DXY

Hello Traders!

The analysis for USDCAD is still valid. Like I mentioned yesterday we may go up to the Resistance or even to the Supply Zone before see any drop on USDCAD.

I also like to use the DXY as my correlation pair for my trading decision. On the DXY we are pushing right now higher from a Demand Zone. Therefore USDCAD also will go up. Now we just need to wait till it reaches the Resistance or the Supply Zone and see how it reacts on the zone.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.