USDCAD, Is Short the right position.

U.S. Dollar / Canadian Dollar (FX:USDCAD)

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis chartpattern indicator usd fomc cad trading signals

CAD is quite stronger than the USD at the moment, even though its on an uptrend, the uptrend is appearing inside the range, lets wait for an opportunity to sell.

Comment:

Sell SL at 1.38625

Comment:

USDCAD if you managed to Sell after the signal at around 1.37549 a small profit running so far, It has hit the trend line but I'm suggesting you hold. I'll advise when to move the stop loss.

Comment:

We're still moving well so far.

Comment:

USDCAD Looking good.

Comment:

USDCAD Break out to the sell side, we are still moving well. Hold.

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