USD/CAD Short Short

FX:USDCAD120

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Mar 22, 2024 12:30 PM

DXY losing strength and price approach a major resistance level so I am looking to short this pair

Chart Patterns

Comments

GMMTrading_

⋅ Mar 22, 2024 4:14 PM

SL hit? is shorting still valid?

colemanantwan69

⋅ Mar 22, 2024 4:20 PM

@GMMTrading_, I would wait for any price rejection first price is currently at a major resistance but I would also pay attention to the DXY and see if it breaks the current high or fall short