USDCAD Setup again.

Details on chart.

הערה:

I am bullish on this pair as I see some good pullback above 1.34 figures before reversing.. But it needs to crack 1.322 previous support not good resistance..

For now it has made good base at 1.30 for bounces.. and new downtrend will start only after break of 1.28. Above it will remain in consolidation.

הערה:

Previous support 1.322 now good resistance.

הערה:

USDCAD Daily Chart.

הערה:

UCAD again bounced from 1.30.. now base.. and we will most likely see move towards 1.316 and 1.322 today.. and if we able to break 1.322 then new jumps will start for 1.34 in coming sessions.

הערה:

If usdcad didnt clear 1.32 then possibility for fall back again towards 1.308...

הערה:

1hr chart

הערה:

I entered with 2nd entry from 1.2084 and keeping stops of both deals 1.29

הערה:

הערה:

Out with loss at 1.2946

הערה:

I am short usdcad from 1.2948 with stop 1.2955.. Only 7 pips stop.. just 1 pip above new 4hr candle.

Will adjust tp but will watch this 4hr candle close.

הערה:

USDCAD can possible test 1.2856 and even 1.283 as well...

הערה:

Closed sell at 1.2865 from 1.2948.