USDCAD - Monthly resistance Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

⋅ May 9, 2017 1:19 PM

USDCAD - short on the basis of a monthly resistance level.
If we see another retest and rejection from this level, I will look to enter short - with a 3:1 position, depending on PA.

Black - Daily
Blue - Weekly
Red - Monthly