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KaltoireCapital

USD/CAD 220 pips profit booked| Now pullback is likely to happen

Short
Dollaro / Dollaro canadese (FX:USDCAD)  
KaltoireCapital  
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD usdcadshort usdcadforecast usdcadanalysis
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trendanalysis chartpattern beyondta usdcad usdcadshort usdcadforecast usdcadanalysis
Dear friends, in my previous USD/CAD idea, I mentioned about
buying it. At that time price was at 1.3189
USD/CAD Price Outlook:Has it bottomed?
As you can see, whoever bought at that time easily made 220+ pips profit.

Currently, USD/CAD has faced a rejection at the 100-day EMA and a bearish
candlestick has formed.

So, it is quite likely that in the coming day, we will see a pullback towards 1.3250 level.
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