USDCAD nearing triangle resistance - Short term sell

FX:USDCAD   U.S. Dollar / Canadian Dollar
85 0 1
Hello traders,

This pair is forming a triangle on daily chart , which I believe will be broken upside eventually. But for now I will be looking to sell this pair near 1.3100 which is the confluence of previous structure support and 78.6 and 88.6 fib level.
This trade will be short term, the eventual break to the upside may happen if FED decides to hike rate on 21st.

Good Luck!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out