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!
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