USDCAD short Time Resistance above 1.340 if hold below soon 1.31

Usdcad Trading around 1.3340 level where Strong Resistance around 1.340 if hold below 1.34 we can see a good drop.
As cad follow oil and oil Trading around 67 once at last time oil was 67 usdcad was 1.27. and If we see on Daily time Frame Usdcad RIS seems over bought so a correction is due.

Advice to sell in range of 1.3340-1.3390 SL above 1.3450 TP 1.3150

Trade closed: target reached:

Tp Done Simply 190 pips Stay with us.