Open trading account Community Blog
USDCAD still bearish
Hi traders,
I guess most of you made good pips on shorting USDJPY from my previous blog update.
Okay today, we take a look at USDCAD chart, Malaysian time 2.48pm
Price currently is at 1.2735
My view is this currency pair is definitely bearish as any bounce from yesterday's low is a dead cat bounce.
I am targeting another 100pips move to the downside, maybe even hit 200pips.
My stops is abouut 50-80pips from here.
Good luck traders!
I guess most of you made good pips on shorting USDJPY from my previous blog update.
Okay today, we take a look at USDCAD chart, Malaysian time 2.48pm
Price currently is at 1.2735
My view is this currency pair is definitely bearish as any bounce from yesterday's low is a dead cat bounce.
I am targeting another 100pips move to the downside, maybe even hit 200pips.
My stops is abouut 50-80pips from here.
Good luck traders!
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WHEN? March 16 at 17:30 GMT
WHERE? Dukascopy Live TV --> https://www.dukascopy.com/tv/Live
The Dukascopy Sales Team holds an introductory webinar to the brand new JForex 3 trading platform in English. The purpose of this webinar is to highlight the new features available on JForex 3. Guests and viewers are welcome to ask and comment live during the webinar.