Short on USDCAD

Short on USDCAD

Avg. Canadian Bank Forecasts are bearish towards 0.26000

Currently in resistance zone, almost touching previous major daily high

I am shorting USDCAD with 3 scenarios:

#1: Straight down to support zone

#2: Down to support zone with retracements

#3: Down towards support zone with pullback hitting lots of stop losses and then down to support zone with retracements

Beware of the pullback while setting your stop-loss.

Transaction en cours:

Conservative Take Profit @ 1.29100

Aggresive Take Profit @ 1.27900