USDCAD : A SHORT OPPORTUNITY AT HIGH
The price just reached the structure resistance near 1.32400. If the OIL price do rebound at support 43.00, then this pair of currency may retrace also. So what we need to concern is the price action of oil price, and FOMC meeting minutes next Wednesday. If the FOMC meeting minutes give a dovish words, then this trade may give you a good profit, if not, you may loss some small money. So manage your risk carefully.
TRADE IDEA :
SELL AT NEAR 1.32400
SL : 1.32900
TP : 1.31280, 1.29170
TRADE IDEA :
SELL AT NEAR 1.32400
SL : 1.32900
TP : 1.31280, 1.29170
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