FxChroncles

Solid R:R on Short position for USDCAD

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
Based on the Daily inverted hammer and Dargonfly doji, USDCAS is hitting strong resistance. I expect this pair to drop to at least 1.2450 and then perhaps 1.2060 with a stop loss at 1.2680.

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