FxWirePro
Long

Loonie faces resistance at 1.2902, break above targets 1.302

FX:USDCAD   U.S. Dollar/Canadian Dollar
344 2 5
USD/CAD             has made a low of 1.28321 and recovered from that level. It is currently trading at 1.28950

Loonie is facing major short term trend line resistance around 1.2902 ( trend line joining 1.3080 and 1.3015) and any break above confirms short term bullishness , jump till 1.2950/1.3020 in short term.

On the downside minor support is around 1.2860 and any weakness can be seen only below that level. Break below 1.2860 targets 1.2830/1.2800

It is good to buy only above 1.2902 with SL around 1.2860 for the TP of 1.2980/1.3020
thanks, made some money on this, since it is friday i got out early, don't want to stand in for the weekend lol
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1.2980 TP Hit
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