JamesZhang
Short

[6/12 ]USD/CAD Short after breaking of up-trend channel and MALs

FX:USDCAD   U.S. Dollar / Canadian Dollar
50 1 1
  • 1/ The price of USD/CAD             just broke all the MAL after the U.S. Federal remain the same interest.
  • 2/ The price broke the up-trend channel and the Fib extension of 138.1.%.
  • 3/ The USOIL             is breaking the resistances which brings highly positive effect to CAD.
  • 4/ Suggest:
    Short when it pull back to 138.1% :1.31700
    SL: 1.322
    TP: 1.30440
    Risk/Reward Ratio: 2.71
target completed.
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