UsdCad - Ahead of the Crowd ?
This pair is now looking good for searching short opportunity. The price is rejected by channel top & there is good risk to reward potential. Still it is counter trend at the moment, hence taking some chips of the table at 40-50 pips & letting some to run should be the strategy. If it breaks & makes structural changes then it interests to hold it for longer period.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.