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Signal_Centre
Jul 1, 2019 7:48 AM

USDCAD- Still lower lows and highs Short

U.S. Dollar/Canadian DollarFXCM

Description

FX:USDCAD
OANDA:USDCAD
FOREXCOM:USDCAD
SAXO:USDCAD

USDCAD - Intraday - We look to Sell at 1.3140 (stop at 1.3175)

Closed the day little net changed. Buying posted in Asia. Previous support located at 1.3068. The sequence for trading is lower lows and highs. Bespoke resistance is located at 1.3140. The rally is close to an exhaustion count on the intraday chart. Previous support, now becomes resistance at 1.3151.
Our profit targets will be 1.3076 and 1.3050

Resistance: 1.3140 / 1.3151 / 1.3175
Support: 1.3070 / 1.3000 / 1.2956

Order cancelled

Cancelled .. selling at higher levels
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