FTE1995

USD/CAD -At channel resistance + 1.33 Pysc level, drop incoming?

Short
FX:USDCAD   Dollaro / Dollaro canadese
- USD/CAD is now meeting the upper trend channels resistance
- This touch has also occurred at the 1.33 Psychological level
- If we see rejection at this point, may drop to test the lower channels support
- This could be at the 1.32 Psychological level

** We would need to see a solid rejection candle/pin-bar/pattern at this point to justify entering a short position
**Price could just as easily break through to the upside

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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