USDCAD ANALYSIS TO SHORT & SWING
🔴 USD/CAD Sell Signal
Entry Zone: 1.40390 – 1.40444
Stop Loss: 1.40730
Take Profit 1: 1.40140
Take Profit 2: 1.39800
📉 USD/CAD is approaching a key resistance zone, presenting a potential selling opportunity. The first target is set at 1.40140, with an extended target of 1.39800. If bearish momentum continues to strengthen, the pair could extend its decline beyond the second target. Consider securing partial profits at TP1 and allowing the remaining position to run toward TP2 while adjusting your stop loss according to your risk management plan.
Risk Disclaimer: Forex trading involves substantial risk. Always use proper risk management and never risk more than you can afford to lose.