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aslamhammad

USDCAD Daily Chart

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
aslamhammad  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD
0
0
usd_cad
Technically mega trend (monthly+weekly+daily) is up. Sideways movement would be between h1+h4 on Wednesday as we have FOMC statement+ Fed Fund Rate. So, if no interest rate hike from U.S, on Wednesday than could see it come alittle down around 1.2920. As price is currently extremely overbought,

Option 1
Pending Sell Order @ 1.3200:
SL @ 1.3700
TP @ 1.2700

Option 2: Sell @ 1.3100
SL @ 1.3600
TP @ 1.2800
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