USDCAD Setup

details on chart.

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If usdcad didnt clear 1.277 then expect another fall below 1.27.

I am short as well from 1.2755 with stop 1.277 with just 15 pips.

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So far it is struggling to clear 1.277.. downside targets are 127 and 126.7

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As said earlier remaining below 1.277 was very negative and good data boosted ucad going below 1.27. I am out from sell now with 80 pips profit.

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Close 75% position with 150 pips and remain at BE.

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Going above 1.29 would be very positive today.

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If today ucad remains below 1.29 then expect towards 1.277 and below..

I am short as well from 1.2848

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55 sma of 4hr is giving good resistance close to 1.285

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285 pips profit...