Sell USD/CAD BoC Interest Rate

Zaktualizowano
The USD/CAD pair on the H1 timeframe presents a potential selling opportunity due to channel. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around the current price of 1.3818, This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.3778
2nd Support – 1.3750

Stop-Loss: To manage risk, place a stop-loss order above 1.3845. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

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Best Regards, KABHI FOREX TRADING
Thank you.
Zlecenie aktywne
Take Entry now
Zlecenie zamknięto ręcznie
USD/CAD - Momentum changing to Bullish, Now price near to entry or around 7 pips only..
Close with small loss and also i like to take Buy Entry now.. 📣📣

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CAD - Interest Rate Decision
beyondtechnicalanalysisCADchanneltrendChart PatternsDXYfundamental-analysisTechnical IndicatorsTrend AnalysisUSDUSDCADusdcadshortDJ FXCM Index

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