USDCAD--looking the opportunity to short

Wait for the confirmation signal of potential downtrend.

Comment:

Wait for today's NFP, I guess it will be better than expectation. If so, long USD

Comment:

short at : 1.34613

Target: 1.31440

Comment:

Hit the 1.34420 support line , a really strong support line. But facing a stronger resistance line at 1.35600

Comment:

closed the trade at :1.32992

1.34613---1.32992

Gain: 162.1 Pips

after correction then , wait for the next opportunity to short again.

Comment:

Short again at 1.33558

First Target : 1.31894

Trade closed manually:

Closed at: 1.33029

1.33558 ---1.33029
Gain: 52.9 Pips
I think it hits the support line and the selling steam seems running out.

Comment:

check what will happen in 2 days, we might have a long opportunity.