U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD: possible short scenario

CAD is under pressure mostly due to oil prices, last week it weakened more than 6% against USD.

Let's assume that we are going to see some correction this week and speculate on this move...

Entering the market between 1.4390-1.4576 with T/P around 1.3930 provides decent R:R opportunity.

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Trade closed: target reached
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