USDCAD is approaching tough resistance in the 1.3200 area following the two equal legs up. Also just ahead it the 200 day moving average. Longer term I am looking for 1.3550 but should see a retrace before higher.
USDCAD looks to be reversing to the down side nicely.
Looks like the USDCAD is going to retest the highs and possibly the 200 Day MA. I took profit on half my position at 1.31479 for 44. pips. Looks like I will be stopped out on the other half for a break even trade.
Trade closed: stop reached:
Stopped on last half for -44