USDCAD : RETRACEMENT IS DEARLY DUE

Hi traders!

USDCAD has been falling like rock for quite some time now. It is due to correct itself if it wants to continue this fall. I aim for a 0.5 FIB retracement for this analysis.

RSI AND MACD begging for a correction up before dying as indicators for life!!

Trade safe!

Handel aktiv:

USDCAD LONG

Entry : 1.25147
SL : 1.24159
TP : 1.28753

Kommentera:

I forgot to mention that there is a little divergence on the RSI (its kinda forming as we speak)

Trade stängt: Stopp nått:

SL touched when FOMC statement got out.

Loss here.