USD/CAD Short
The USD index is definitely in selling territory. Now, looking at the USD/CAD pair, I see a possible short setting up. IMO, with the price being at or gelow the 50 SMA, a great candlestick with a long top wick, using your best equity management, I propose going short at 10 pips below the Friday Feb 9th low. SL would be at 1 ATR, TP at 100% of the range of the friday Feb 9 candle.
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