USDCAD. Sell opportunity from Resistant Zone

2020-02-12 14:29:14

USD/CAD is testing confluence resistance here and the immediate focus is on a daily close with respect to 1.3182/84. From a trading standpoint, a good spot to reduce long-exposure / raise protective stops

we can sell some seller presser from 1.3330 which is a strong resistant point in the Daily chart.

i will short on USD CAD with a target of 1.3150 and if the market breaks this level my next target will 1.3040.