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U.S. Dollar / Canadian Dollar
Short

USDCAD: Interesting sell setup

By IvanLabrie
Updated
USDCAD has an interesting short setup here, after retesting a heavy resistance zone, apparently completing a terminal pattern, completing a correction before more downside. We can short on weakness, and short rallies to the 1.35 zone. Price shouldn't go above 1.35565 here, so place a stop there, rather simple.

Good luck,

Ivan Labrie.
Note
You may add in this zone:

snapshot
Note
snapshot
Note
Profit of 0.85% rising 1% total now.

Hold for at least 3 days after today.

Then we can decide if we let it run or not.
Note
Still choppy, but it could be viable to reenter. Stop was hit sadly.
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IvanLabrie
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