YGForex

Short USDCAD..... Good Risk to Reward Opportunity.

Short
FX:USDCAD   Dollaro / Dollaro canadese
We can see USDCAD is currently near its resistance level @1.4185 price level. What I am expecting to see is a bearish movement down to the support level @1.3650 with the aid of upcoming CAD news. I believe a lower head will be formed assuring us the weakening of strength for this pair.

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