jamdejam

USDCAD Short Expected to fall -Bank of Canada surprised

Short
jamdejam Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello Traders

Here is a new Short Opportunity

💹USD/CAD - SELL STOP

✅ Entry @1.24400 or below

✅TP-1# 1.24200
✅TP-2# 1.24000
✅TP-3# 1.23900

✅SL# 24.900

The Canadian Dollar is coming off of a big week after the Bank of Canada surprised by announcing an end to their QE program. This happened on Wednesday and brought a strong push of CAD-strength into the mix, as USD/CAD dropped down for a test of the 1.2300 handle.


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Comment:
Hello Traders
TP-1# 1.24200 Reached

This chart is over

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