USDCAD trading in a parallel channel and it looks like the correction is still pending. Rejected from the previous resistance zone USDCAD is likely to trade lower in the coming sessions.
Trading strategy:
Keeping SL of 1.295 any rise should be taken as selling opportunity for the target of 1.28500/ 1.28000
Trading strategy:
Keeping SL of 1.295 any rise should be taken as selling opportunity for the target of 1.28500/ 1.28000
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
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www.instagram.com/mansh_25
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twitter.com/mansh_25
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@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
INSTAGRAM-
www.instagram.com/mansh_25
TWITTER-
twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA