USD/CAD has broken through the ascending trend line.
This is still looking like a great short. Im still personally waiting for a retest of the trend line before entering this trade.
If we retest and the trend line holds as resistance then I believe 1.32 will be met very quickly, I feel long term we could be seeing this pair come all the way down to 1.28
You could take a long right now but I am currently in some amazing trades so I am going to be patient and wait for a better set up
Target : 1.28
Let me know what you think!
This is still looking like a great short. Im still personally waiting for a retest of the trend line before entering this trade.
If we retest and the trend line holds as resistance then I believe 1.32 will be met very quickly, I feel long term we could be seeing this pair come all the way down to 1.28
You could take a long right now but I am currently in some amazing trades so I am going to be patient and wait for a better set up
Target : 1.28
Let me know what you think!
