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Killy_Mel

FX CHART OF THE DAY: USDCAD BREAKDOWN RISK

Short
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
Killy_Mel  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
USD (US Dollar) short risk breakdown NEWS
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usd-us-dollar short risk breakdown news
USDCAD is on risk of breakdown from its relevant lateral trend, marked by the 1st standard deviation from weekly (120-h) mean.

Traders can pick shorts at the lower 1st standard deviation (@ 1.3200)

Stops should be placed at the weekly mean (@1.32550)

Traders also should mind incoming news events next on Tuesday!
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