Currently, USD/CAD is trading at 1.3195. The pair is trading in a down trend from some time and now moving towards a key resistance level to start a small up trend. If the pair breaks the small resistance level at 1.3210, it can start a small up trend and touch its next resistance level at 1.3250.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat