FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
At the moment although price is failing to make any significant moves anywhere it is still slowly moving up while retesting a support level . If price falls below the support level and retests and fails to close above then I will be looking at getting short on the market at 1.26328 and holding until 1.24114 the previous support level for a RR of 4. However if price respects the support level and starts to make moves to the upside then I will be looking at getting long at 1.27684 and holding until 1.29323 the previous resistance level for a RR of 4.

Let me know what you guys think and please do your own analysis before placing a trade

Good Luck


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