possible USD/CAD SHOT opportunity

٢٢ يناير ٢٠١٦

After yesterday's big fall, i think we should still find nice position to SHORT USDCAD. Since CAD is undergoing a correction, I suggest we could open a SHORT position around 1.4350 level, which is 0.382 FIB level and possible downwards trend line cross point. Target would be around 1.4176. After that, I believe there should be a big rebounce for us to trade as well.
Let's see.