USDCAD Approaching tough resistance.

USDCAD is approaching tough resistance in the 1.3200 area following the two equal legs up. Also just ahead it the 200 day moving average. Longer term I am looking for 1.3550 but should see a retrace before higher.

Handel aktiv:

USDCAD looks to be reversing to the down side nicely.

Handel aktiv:

Looks like the USDCAD is going to retest the highs and possibly the 200 Day MA. I took profit on half my position at 1.31479 for 44. pips. Looks like I will be stopped out on the other half for a break even trade.

Trade stängt: Stopp nått:

Stopped on last half for -44