USDCAD Setup

details on chart.

Comment:

If usdcad didnt clear 1.277 then expect another fall below 1.27.

I am short as well from 1.2755 with stop 1.277 with just 15 pips.

Comment:

So far it is struggling to clear 1.277.. downside targets are 127 and 126.7

Comment:

As said earlier remaining below 1.277 was very negative and good data boosted ucad going below 1.27. I am out from sell now with 80 pips profit.

Comment:

Close 75% position with 150 pips and remain at BE.

Comment:

Going above 1.29 would be very positive today.

Comment:

If today ucad remains below 1.29 then expect towards 1.277 and below..

I am short as well from 1.2848

Comment:

55 sma of 4hr is giving good resistance close to 1.285

Comment:

285 pips profit...