Short

USDCAD SHORT CONTINUES

Updated

As we can see this trade is working out nicely. Even with the large pullbacks because of the major trend on weekly and daily. We keep short position and the first profit will be booked at 1.3638 by placing our stops there. We see continuation to the downside if and when price break the 1.3638. Here is another opportunity to enter short from a decent level.
GLT and trade with care.
Follow us on twitter @charts_247

Note

Happy trading week guys, as we can see the USDCAD is now making its way to the next target 1.3638. We will keep our eyes open for a continuation around this price level or reversal.
GLT and trade with care.........Charts247

charts247

Also on:

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.