Channel and Resistance hit + double top, downtrend Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 19, 2016 3:44 AM

UC looks like it will go down capped by a resistance and channel trend, double top done last friday. Full short TP on the chart till FOMC.

⋅ Sep 19, 2016 11:24 PM

Tp 1 hit, then news :-) so = rebound. UC will have make or break at trend line 1.3240 area. Big drop if USD weakness with the FOMC.