USDCAD: Short Term Bear Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Mar 21, 2017 11:59 PM

Since the pair did not close below the lows, it has a chance now to retest the resistance of previous support. I believe this pair will be consolidating sideways for the time being.

Trade active

⋅ Mar 23, 2017 4:34 AM

Stops are moved to 1.3380.