FxWirePro
Short

USD/CAD trades well below major trend line support,targets 1.295

FX:USDCAD   U.S. Dollar/Canadian Dollar
711 6 11
USD/CAD             has broken major trend line support at 1.3140 (trend line joining 1.2126 and 1.30113) and declined till 1.3064. It is currently trading at 1.3078 level.

Intraday trend is still weak as long as resistance 1.3101 holds. Any break above 1.3101 will take the pair to next target 1.31265/1.3140.

On the downside major support is around 1.3060 and any break below targets 1.3000/1.2950.

It is good to sell on rallies around 1.3080-85 with SL around 1.3126 for the TP of 1.3000/1.2950

Marenno PRO
a year ago
I agree with a down move continuation, but there's a nice setup at the moment which gives some extra thoughts: https://www.youtube.com/watch?v=Siz2YGg_7MU&feature=youtu.be
snapshot
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almoni33 Marenno
a year ago
euro\cad is not usd\cad
why you bring it here?
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nasro6man
a year ago
Thank you for your time you and all the other traders
I selling USD/cad from
3081 is it a good entry ??
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FxWirePro nasro6man
a year ago
Yes good level to sell
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nasro6man FxWirePro
a year ago
Thank you sir
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almoni33
a year ago
Brilliant---bravo.
you one and only ho show trade plane clear with stop and tp levels.....so many other bla bla nuts just talk and talk without any chart,numbers or levels....thank you
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