Following the trend - USDCAD - retest entry

After the Bears took control at 1.36500, a very strong bearish momentum has pushed the market in a strong downward trend, retesting off resistance zones as it continues to decline.

Price hit our resistance zone of 1.33215 and continued to decline to our target 1 - 1.32776. We'll leave partial of our profits to keep running to reach our target 2 (major support zone) at level 1.32536

Happy trading

- Juff

Trade closed: target reached:

Target 1 reached

Comment:

Move SL to breakeven. Keep partial profit running to hit Target 2

Trade closed: target reached:

Target 2 reached