Forex48_TradingAcademy

USDCAD Finally the Short Momentum!

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
On USDCAD, we have a great bullish moment that is bringing the price to the supply zone. At 1.365 area, we have a strong resistance zone. At that point, I identified a POI that could be my entry point to the market with a target of 1.3538. RR 1:6.

The trade is very risky because the interest rate data will be released in 4 hours.

Let me know what you think. Good trading to all, bye.

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