Good entry point for sell USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Dec 3, 2019 5:48 AM

Hello Traders!

USDCAD has not yet reached a strong resistance level of 1.334.
But I think this is a matter of time, and after reaching this level, a drop will begin, presumably to the level of 1.3238.
In any case, this is a good entry point.

Comments

DeGRAM

⋅ Dec 3, 2019 6:12 AM

Write what you think about USDCAD

Data_Block

⋅ Dec 3, 2019 5:59 AM

I will be looking to enter from the .618 Level of the weekly impulse. It has been rejected there twice. Just a little bit above your sell zone :-)