Trade 1 - USDCAD short
Updated
Downward sloping trend line has been hit 3 times and there has been another close touch today at around 4am along with a strong areas of support turned resistance. This paired with the news trump paid hush money and mentioning of impreachment are causing me to favour a bearish dollar. There looks to have been a lower high formed a few hours ago and now looking to make a lower low I'm targeting or below.
Note
Target 1 near enough hit 5 pips short. After a re-tracement and potentially another rejection of the upward and downward sloping trend-line on the intersect depending on the 4h/daily candle close another short position could be lined up here.
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