USDCAD holds @ 1.2500. Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ May 3, 2016 2:22 AM

Hello traders,

One thing I noticed with USDCAD is 1.25 holds pretty well even when dollar weakened. It looks like an accumulation phase in 4 hour and probably soon it will go up. Stop loss below 1.2480. It gives good risk reward.
Let's see how it goes.

Good Luck!

Comment

⋅ May 3, 2016 12:02 PM

Upside after stop hunting candle.

USDCAD