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Dimerz

USDCAD Short using daily resistance and fib

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Dimerz Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Fibonacci Trend Lines
3
0
supportandresistance fibonacci trendline
USDCAD has seen bearish movement, we need it to pullback to the fib level of 0.5 and then we can expect it to head back down to 1.29, we have our daily resistance at 1.32 and 1.28.
Comment:
Hit .5 fib heading down to tp
Comment:
+100 pips on short since .5 fib was hit
Comment:
TP Hit, good trade.
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