Sell opportunity in USDCAD!

Apr 21, 2019

As you see usdcad is now ranging and testing upper zone fifth time. So i am looking for sell about 1.3390-1.3395. Of course SL should be above the supply zone and Tp will be below demand zone. If we look at indicator, stochastic is already overbought in H1 and H4 time frame. We know that this week BOC will report rate statement so fundamentaly loonie will be high volatility pair this week, Most importantly never forget to use proper risk management. Goodluck!