PeNuel2020

USDCAD - SELL BRIEFLY BELOW @.126

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FX:USDCAD   美元 / 加元

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KEY PSYCHOLOGICAL LEVEL @1.260

This may still have to range a bit more before we it go upside, as history has it! So, we can attempt to sell below
@1.26 psychological level - a strong resistance currently and have more than 100pips downside, to around @1.245
currently serving as support on the interim - a strong support too.
Above, stay safe because nothing is fixed and we are not the ones controlling the market.

REJECTION CANDLESTICK - INVERTED HAMMER FORMS @1.260

This is also another key reason I'm suggesting a sell below @1.26. You should be sensitive to things like this, especially
on pairs that "rarely" whipsaw.

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.

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