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Short

USD/CAD Watch out for 1.3225 for further weakness

FX:USDCAD   U.S. Dollar/Canadian Dollar
398 2 13
USD/CAD             has made a temporary top around 1.3278 and slightly retreated from that level. It is currently trading at 1.3229.

The pair is facing minor trend line support around 1.3225 ( trend line joining 1.30396 and 1.31685) and break below targets 1.3150/1.3120 level in short term.

Further bullishness can be seen only above 1.3280 level.Break above would take the pair to next level around 1.3313/1.3350.

It is good to sell only below 1.3225 with SL around 1.3280 for the TP of 1.3150/1.3120.
I am going in too but with a low volume...usually you give me confidence that my view is right but today I am feeling really uneasy lol...good luck to us
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Done! he is in below 1.3225
+1 Reply
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