USDCAD: possible level to start building a short position
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
Feel free to share your opinion/position via comment and follow me to stay updated + support my work by hitting like.)
Main risks are:
-oil price recovery
-decline in equity market, in which case USD might act as safe-heaven asset once again
-bullish bias
Feel free to share your opinion/position via comment and follow me to stay updated + support my work by hitting like.)
Trade closed: target reached
S/L was moved to 1.3973
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