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[6/12 ]USD/CAD Short after breaking of up-trend channel and MALs
U.S. Dollar / Canadian Dollar
Short
[6/12 ]USD/CAD Short after breaking of up-trend channel and MALs
By JamesZhang
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Sep 17, 2015
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Sep 17, 2015
1/ The price of USD/CAD just broke all the MAL after the U.S. Federal remain the same interest.
2/ The price broke the up-trend channel and the Fib extension of 138.1.%.
3/ The USOIL is breaking the resistances which brings highly positive effect to CAD.
4/ Suggest:
Short when it pull back to 138.1% :1.31700
SL: 1.322
TP: 1.30440
Risk/Reward Ratio: 2.71
JamesZhang
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