USDCAD - 1.30 is the area of interest

7 באוג׳ 2015

USDCAD is absolutely flying to the upside right now but nevertheless I'm starting to setup a plan to short it. The area of interest is around 1.30 and from there on I'll be looking towards the lower parts of the former channel. First the 50% line and then the channel support.

Time will tell if the price reverses at all.