JamesZhang

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

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.