maosang
Short

possible USD/CAD SHOT opportunity

FX:USDCAD   U.S. Dollar/Canadian Dollar
CAD
44 0 0
After yesterday's big fall, i think we should still find nice position to SHORT USDCAD             . Since CAD is undergoing a correction, I suggest we could open a SHORT position around 1.4350 level, which is 0.382 FIB level and possible downwards trend line cross point. Target would be around 1.4176. After that, I believe there should be a big rebounce for us to trade as well.
Let's see.
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