USDCAD: Short Trade Explained

١٢ فبراير ٢٠٢٠

good morning traders,

short trade went active on usdcad this night.
reasons - retest of the broken support of the rising channel + overbought market on higher timeframe

stop - 1.3324 (above the lower high)

Initial target - 1.323

stop to breakeven after 1.3255