maosang
Short

CAD/USD possible short opportunity

FX:USDCAD   U.S. Dollar/Canadian Dollar
66 2 1
Yesterday CAD broke the strong upwards trend line and made a fall. Oil             is on its rally too. So i still think CAD is in bear mood in the near future. Judging from 1D MA5, FIB level and trend line, possbile SHORT opportunity might be in the 1.4530 level. The 1st target level is previous support, which is around 1.4435. and the 2nd target i suggest the 127% of the last rally, which is 1.4365 level.
Let's see.

Related Ideas

maosang
10 months ago
1st target hit!
Reply
maosang
10 months ago
2nd target hit!
cheers.
Reply
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