UnknownUnicorn3701608

USDCAD - Short Position Rising Wedge + DXY Breakout

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UnknownUnicorn3701608 Uppdaterad   
FX:USDCAD   USA-dollar/Kanadensisk dollar
USDCAD has successfully broken out of a rising wedge, which could be meaning that we're heading further south after the amazing downfall of May. If it does indeed reach the first target, depending on how the market behaves once it's there, there could be a reason to increase the take profit.
Moreover, DXY has equally broken out of a flag, which may sign a weaker dollar.
Trade stängt manuellt:
I closed manually to break even, it may come down, but seeing that it stayed there for more than I thought I got out
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