Forex Positive

USDCAD Bullish engulfing pattern on daily chart

FX:USDCAD   U.S. Dollar / Canadian Dollar
After friday's horrible job numbers, CAD should continue to weaken. The market should be continuing to buy USDCAD             for this week.

Long USDCAD             above 1.0910-20
SL 40pips
TP 1.1000
looks like it is heading lower and it could be a pullback to short
+1 Reply
If USDCAD breaks below 1.0810, the downtrend might resume
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