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USD/CAD Weekly Double Top Short
U.S. Dollar / Canadian Dollar
Short
USD/CAD Weekly Double Top Short
By TheTradingRoom
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Jun 20, 2022
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Jun 20, 2022
The USD/CAD has a key technical level worth looking at:
Weekly Double Top, 1.3076-79
If we break north of 1.3000, here's the trade:
1) Sell 1.3074 isn’t a bad way to play the action
2) Initial stop at 1.3106
3) This trade produces 32 pips on a standard 1:1 risk vs reward ratio.
Beyond Technical Analysis
usdcadshort
TheTradingRoom
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