USDCAD a Beautiful Opportunity to SHORT!
Hey Everyone,
First thing First - BoC Interest Rate Decision (E.T 20H) where Canadian Dollar could create conflicts in regards to this analysis,
However we're expected a Positive outcome for CAD,
as per our Technical aspects, Price action suggest to short as extremely Overbought ATM in accordance with Major fibonacci
Level, 0.618 is plotted at current level plus candle has closed below 1.31891 and hence we'll be Shorting USDCAD with these preferences,
SELL NOW - 1.31891
STOP LOSS - 1.32455
TARGET - 1.30055
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
First thing First - BoC Interest Rate Decision (E.T 20H) where Canadian Dollar could create conflicts in regards to this analysis,
However we're expected a Positive outcome for CAD,
as per our Technical aspects, Price action suggest to short as extremely Overbought ATM in accordance with Major fibonacci
Level, 0.618 is plotted at current level plus candle has closed below 1.31891 and hence we'll be Shorting USDCAD with these preferences,
SELL NOW - 1.31891
STOP LOSS - 1.32455
TARGET - 1.30055
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
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