Grab the sell opportunity in USDCAD

28 thg 8, 2019

The USDCAD pair is most likely to go down as recently it reversed off the ascending trend line to move towards the major support area of 1.3235 that was earlier tested in the previous session. The bulls tried to come back in the game but the resistance trend line failed to happen that for longer duration. Therefore, the recent pull back highlights the bearish move and the traders are suggested to go short with first target at 1.3235 and the next target at 1.3200.

SL 1- 1.3350