USD/CAD Trading plan for Next week

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Currency rate moved down so powerfully, because OIL moved up. You need to know that there are correlation (-93%) between Canadian dollar and OIL prices. That's why I think Canadian dollar will become stronger.

Also, technically price showed that exchange rate will move down to key level 1.2730 (2nd wave).
I will open a Short after pullback up, or when the price will break down 1.2885.

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I'll write when to open a Short, if this idea get 45 like.
Nota
USD/CAD broke down key level 1.2886
I will open a Short if the price will make pullback to that level

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Dagangan aktif
The price at Sell Zone
Open Short

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Dagangan ditutup: hentian tercapai
beyondtechnicalanalysisChart PatternsTrend AnalysisUSDCADusdcadanalysisusdcaddailyusdcadforecastusdcadsellusdcadshortWave Analysis

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