USDCAD: Double Top Divergence Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jan 5, 2015 7:51 AM

We have a double top divergence formed on this pair. The risk to reward ratio this trade is presenting is great. We can potentially take profits off the 618 level of the recent major up swing.

USD (US Dollar)Divergence double TOP