USDCAD pair still there is a weakness , as fundamentally we have BOC today and expecting 25bp hike with neutral statement , we believe We do not have long-term USDCAD weakness extending into 2018, however , will see soon back to 135, Currently as technically the pair traded below 200 MA on 1hr time frame with incomplete pattern of head and shoulders, we can see one more leg down from 1.2922/48 towards 1.2880/1.2820.We don't like to buying here .
Sell USDCAD.
@1.2922/1.2948
Target: 1.2850
Stoploss: 1.2982
gud luck !
#forextuitions
Sell USDCAD.
@1.2922/1.2948
Target: 1.2850
Stoploss: 1.2982
gud luck !
#forextuitions
Trade closed: target reached:
target hit with 72 pips profit