WaveTalks

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

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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
​Growth Director - TradingView India

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