DiligentTrading
Short

USDCAD POTENTIAL SELL

FX:USDCAD   U.S. Dollar/Canadian Dollar
40 0 2
After some years of up trending it seems as if price could have changed direction and be looking to move to the down side. Price has closed below our monthly support level (black horizontal line). Thursday price retested our resistance area and has shown bearish movement Friday. Due to these reasons our next anticipated target is the 1.24000 area. we will be watching this pair closely for a good entry.
Trade closed manually
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