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BlueberryMarkets
Feb 20, 2019 2:25 PM

VIDEO TRADE ANALYSIS: USDCAD TO 1.3080 Short

U.S. Dollar/Canadian DollarFXCM

Description

In this video update, we take a look at USDCAD as it rejected the key 1.3300 resistance last week. Expecting further downside
to continue here on this market and looking for a pullback into the previous 4hr lows which holds a 50% fib retracement.
A sell limit order may be appropriate here as the news may cause the market to spike into the key zone.

Trade closed: target reached

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