USDCAD is at the top of the corrective channel of the overall major downtrend. Therefore this trade presents a good risk to reward ratio.
If you look at the daily RSI its highly overbought as well, with major news coming up for both the currencies it could be a trigger for the next down move.
Zoom into lower timeframe for a better entry.
You can DM me for entry points, targets, SL, etc.
If you look at the daily RSI its highly overbought as well, with major news coming up for both the currencies it could be a trigger for the next down move.
Zoom into lower timeframe for a better entry.
You can DM me for entry points, targets, SL, etc.