FX:USDCAD   U.S. Dollar / Canadian Dollar

Quick trade on US dollar Canadian dollar looking for a breakout lower back towards low 1.31 area into tomorrows Fed meeting where market is expecting a rate cut. Pair are looking overbought on hourly whilst we have had a serious of three lower highs and the psychological level 1.32 was tested as a spike/wick but failed to break higher or hold near.

Trading on a tight stop loss should this pair move higher and break out of lower highs pattern.

Clean, simple tight trade

Trade closed: target reached: Target hit ahead of the Fed meeting. Perfect timing and target point
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out