Don't miss the great sell opportunity in USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3065).
if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.

Take Profits:
TP1= @ 1.2950
TP2= @ 1.2793
TP3= @ 1.2543

SL: Break Above R2
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Thank You for sharing!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, you're welcome.
Excellent! as always!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, We are so happy you liked it.
It's a great sell opportunity in USDCAD. thanks for sharing.
+1 Reply
@fxniki, You got it.