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forexTrdr
Jan 29, 2019 10:16 AM

short USDCAD into month end Short

U.S. Dollar/Canadian DollarFXCM

Description

short term trade on USDCAD.. selling into month end where we typically see USD weakness, trade on hourly charts as above- targetting low 1.3210 area after three failed attempts to the upside to breach downtrend line from last Wednesday.

Intraday vol is heightened across most markets so this is a quick short term 48 hour max timeframe trade.

Trade closed: target reached

Target reached within time frame. Another win.
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