USDCAD Forecast - is Bearish/Sell!

Dear traders,

Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size)

Our final Take profit is placed at 1.1860
Our Stop Loss is placed at 1.2202

This is a 270 PIPS trade - Risk Reward 1:4.5
Chart Timeframe; H8

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