I try to make analysis for USDCAD pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.2915 support level, I predict this pair will go up to the next support at 1.2865 But if this pair go up and break 1.2965 resistent level, I predict this pair will make some correction to the next resistent level at around 1.3015
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.2950 and take profit at 1.2865
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics