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abhivik
Jul 21, 2018 7:37 PM

USDCAD Weekly analysis 23 July Onward Short

U.S. Dollar/Canadian DollarFXCM

Description

Last week we saw the USDCAD pair hit our first target and went up more for us to bag few more pips before rallying down after the speech from USA President.
This week, if we get a price testing 1.3218 price zone, we can have a good opportunity to enter short with our first target set at 1.3066 price zone.
If the price breaks our first target, we will look at our next target at 1.2888 price zone.
Do consider both the highlighted scenarios.
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