Why 1.3 is the key level to look out for USDCAD

7 May 2016

Despite the strong rally of USDCAD, it still remains in a downtrend. I feel it needs to go and test the 1.25 level for a clear reversal. Will observe the 1.3 level very keenly for the shark pattern to short this pair.

12 May 2016

İşlem kapandı: hedefe ulaştı

This was an amazing trade as it turned exactly at 1.3 and moved 170 pips. Now there is a bullish pattern to go long at 1.2830 range.