Hello Traders ,
USDCAD seems to move towards upside to test 50 Daily MA for resistance, and if passed could move upto 1.34 level before finding resistance from 20 BB MA , we will be remaining LONG on this pair till ascending Trendline on 1hr/4hr chart is intact , as overall bias is SHORT we will be looking to SHORT positions on break of TL towards 1.30 Level.
USDCAD seems to move towards upside to test 50 Daily MA for resistance, and if passed could move upto 1.34 level before finding resistance from 20 BB MA , we will be remaining LONG on this pair till ascending Trendline on 1hr/4hr chart is intact , as overall bias is SHORT we will be looking to SHORT positions on break of TL towards 1.30 Level.
Trade closed: target reached