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
Comments
almoni33
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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
nasro6man
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Thank you for your time you and all the other traders
I selling USD/cad from
3081 is it a good entry ??
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