AbhishekHSinghCMT
Short

USDCAD- Rally from 1.2460 looks to end at high@1.3188

FX:USDCAD   U.S. Dollar / Canadian Dollar
55 0 5
The way pair is falling post wedge shaped pattern gives an impression that rally which started from 1.2460 can come to end at recent high@1.3188...Once pair starts moving below or overlaps 1.3015 this whole rally which I was thinking an upside move shall change into corrective rally ...

Exit all longs & start planning to sell on rallies in coming days.

Traders should take shorts on every rally as trading opportunity. Regards, Abhishek             H.Singh, CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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