previously we've mentioned that we're bearish still on the USDCAD yet waiting for an entry to pull the trigger.
personally, for me, i have placed a short position at 1.2431 after the close of the hanging man candlestick at the resistance level. currently, the pair has hit the first target at the support area at 1.2371 and also trading below that.
the number of pips that are along with our short position for now are 90+ pips.
personally, for me, i have placed a short position at 1.2431 after the close of the hanging man candlestick at the resistance level. currently, the pair has hit the first target at the support area at 1.2371 and also trading below that.
the number of pips that are along with our short position for now are 90+ pips.