U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD: possible level to start building a short position

97
1.413-1.417 price zone might act as resistance and possible level to start building a short position.

Main risks are:
-oil price recovery
-decline in equity market, in which case USD might act as safe-heaven asset once again
-bullish bias

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Trade closed: target reached
S/L was moved to 1.3973

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