USDCAD on daily has shown that within the channel trade it will begin to reverse and has confirmed a rejection point. We should see a further sell off from here on out. Below is the trade analysis please be advised that we urge proper risk management for the safety of your margin accounts. Thank you.
USDCAD Sell/Short
ENTRY: 1.34809
TAKE PROFIT:
TP 1: 1.32896
TP 2: 1.31110
SL: 1.35614
Please use proper risk management upon entering this trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.