USDCAD May 7
USD/CAD have hit a long term resistance at 1.38 and it has shown some reversal at 4H.
I am looking for a pullback and then look to short USD/CAD
Entry: 1.37-1.3710
Stop: 1.38
Target 1: 1.3650
Target 2: 1.3550
I am looking for a pullback and then look to short USD/CAD
Entry: 1.37-1.3710
Stop: 1.38
Target 1: 1.3650
Target 2: 1.3550
Note
The trade did hit the 1st target but did not make break 1.3650 and reach 1.3550
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.