SCUM4

USDCAD / TRADE IDEAS 020118

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD have been in a selling mode since last week, the breakout from the consolidation zone tells us something about the strength of this selling.

We are at a critical support level and we do see the movement to be taking a break. We are looking for short setups at around 1.262x region when the price retest the consolidation zone box.

Will update accordingly when price zones hits.

Like me on Facebook!

To give is to receive...

Like me on Facebook: www.facebook.com/FUsingapore/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.