Short USDCAD
According to the H4 graph, the price has been stooped by the downtrend line and is in the process of forming triangle pattern.
What needs to watch is that the MACD is falling while the price is heading up, and the MACD now has gone through down 0.
As for short term, 1.3100 has been confirmed to be resistance. It's worth shorting this currency pair around 1.3080.
TP: 1.3000 (First target), 1.2920 (Second target)
SL: 1.3130
What needs to watch is that the MACD is falling while the price is heading up, and the MACD now has gone through down 0.
As for short term, 1.3100 has been confirmed to be resistance. It's worth shorting this currency pair around 1.3080.
TP: 1.3000 (First target), 1.2920 (Second target)
SL: 1.3130
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