KENJICHEN

0409-USDCAD Analysis

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar

USDCAD
Dun know why publish private ideas today...So sorry to u guys.
CAD strongly shows downward pressure and damage long side yesterday, however, we should better follow the trend just coming.

Its obviously, 1.33 level is relative pivot price to USDCAD, if once breakdown the 1.33 may downward to 1.32 or more.

So, we better consider short CAD promptly for target 1.3300 will be break.

Support:1.3270 / 1.3300
Resistance: 1.3320~1.3330
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