The USD/CAD has framed a bearish zi-zoom with clear dismissals as appeared in the diagram. In the event that the value makes a pullback towards the POC zone, we may see another short moving weight.
The POC zone 1.3195-1.3210 ought to give a dismissal if the value makes a retracement in the zone. Now, the cost is amidst no place, and the best is to hold up quietly. The pattern is bearish with various value focuses which make the Point Of Confluence. Targets are 1.3110 and 1.3080.
Just a break over the diving trendline could influence bears to lose the steam and put the pair into an unbiased area.
USD/CAD Daily Analysis,February 25-2019.
PENDING ORDER BUY USD/CAD@ 1.3146 SL: 1. 3123 TP1: 1.3161 TP2: 1.3176 TP3: 1.3191
PENDING ORDER SELL USD/CAD @ 1.3117 SL: 1.3140 TP1: 1.3102 TP2: 1.3087 TP3: 1.3072