DAy Trading USD-CAD , last move down?

usd cad day trading

USD – CAD , Up or Down?

Another interesting trade to take long or short. Short if sellers show up at first. The “key” on this trade, is to use your stop wisely, because it can make a turn over at any time ( expecting 50%Ret. Fibonacci).

For long one, there’s few possibility, the simplest one, is to take long, as bearish trend will be broken, and next target will be 1.114price