USDCAD setting itself for a dip
USDCAD seems to be taking retrace to jump above 1.0400 level and then after completing its retrace, make a good dip towards 1.0300 level.
There is a currently a good daily as well as weekly selling level present around 1.0440 level and traders will look to sell USDCAD for a nice move towards 1.0300
Trade:
Sell USDCAD @ 1.0435 with Stop @ 1.0500 and Profit Limit @ 1.0270
Subscribe to:
Post Comments (Atom)
Post a Comment