Focus: selling USDCAD
This pair made a very nice reversal and on daily charts we have a well distinguished target of 1.3350 where we have the 50% of the recent up-move and the supp line created by the last 2 serious bottoms.
I sold today at 1.3631 and didn't post about it because is was already down when I had time to. Now, as I am typing, its trading back above 1.3630. Stop is at 1.3695 and target is1.3350.
On break below 1.3590 (hour close), move stops to entry point.
Good Luck!
This pair made a very nice reversal and on daily charts we have a well distinguished target of 1.3350 where we have the 50% of the recent up-move and the supp line created by the last 2 serious bottoms.
I sold today at 1.3631 and didn't post about it because is was already down when I had time to. Now, as I am typing, its trading back above 1.3630. Stop is at 1.3695 and target is1.3350.
On break below 1.3590 (hour close), move stops to entry point.
Good Luck!
