USDCAD possible sell !!

FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD tested 1.3450 level two times in March but failed to sustain, reflecting a major resistance in this level. This pair currently using my purple line {which was support line} as a resistance line. The pair broke 0.382 fib level, downside 0.5 and 0.618 is target. So far on monday Canadian dollar seems much stronger after PMI and also BOC gov speech.. There is core durable news on usd tomorrow afternoon, so we can wait to see how this pair appreciate each other and look for another sniper entry point to sell like last week.
Reminder for myself and all the Traders: use the correct risk management , cut your losses, dont revenge your trade, analyse the chart/market before you take any trade, slow and steady, consistency, quality of your trades not quantity.. then only we will see some good results. bless !!


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