maosang
Short

CAD/USD possible short opportunity

FX:USDCAD   U.S. Dollar / Canadian Dollar
CAD
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.
2nd target hit!
cheers.
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1st target hit!
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