USDCAD Sell Rallies Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Aug 22, 2016 12:04 PM

Ideally we will see a double wave up which end with bearish divergence near the 1.3020 level which also coincides with the down trend line from the highs. This is also a good resistance zone.

Stop Loss – Above 1.3090.

Target 1 – 1.2750.

Target 2 -1.2450.