Joshuaas1005

EURCAD Short

Short
Joshuaas1005 Updated   
FX:EURCAD   Euro / Canadian Dollar
We can see that around 1.556 there is strong resistance as price got rejected many times. Opening sell position here is a good opportunity as SL can be located near above 1.556 and TP can be 50% or more retracement which gives a very good RR ratio.
Comment:
Don't forget to take some and set the SL at BEP
Trade closed manually:
Stopped at 1.511, +460 pips
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