jrashaadtrades

$USDCAD LONG NECKLINE BREAK

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Long 2 contracts @1.249 before neckline break @1.252. Looking for resistance at 100% Fib extension @1.279 from low @1.208. Anticipating pullback into .61.8-38.2 zone next week to two weeks before continuing ascent towards 1.618 Fib extension area around 1.325-1.332. ADX also showing move above 20 and +DMI clearly in ascendancy.

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