SELL USDCAD AFTER PULL-BACK
Updated
USDCAD pair is positioned for a short run to the upside with an expected pull-back @ 1.32614.
Thereafter, we should see a bearish confirmation candle that closes below @ 1.32614.
We will take two short entry positions once we confirm a bearish candle close. Our first target will be toward @ 1.3250.
Then we shall wait for the break toward the downside with price closing below @ 1.31250. This will give us our second entry confirmation to go short to our next target. Target 2 will be @ 1.29900.
GoodLuck.
Thereafter, we should see a bearish confirmation candle that closes below @ 1.32614.
We will take two short entry positions once we confirm a bearish candle close. Our first target will be toward @ 1.3250.
Then we shall wait for the break toward the downside with price closing below @ 1.31250. This will give us our second entry confirmation to go short to our next target. Target 2 will be @ 1.29900.
GoodLuck.
Note
Our first target will be toward @ 1.31250***.
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