USDCAD- Rally from 1.2460 looks to end at high@1.3188

2016年5月24日

The way pair is falling post wedge shaped pattern gives an impression that rally which started from 1.2460 can come to end at recent high@1.3188...Once pair starts moving below or overlaps 1.3015 this whole rally which I was thinking an upside move shall change into corrective rally ...

Exit all longs & start planning to sell on rallies in coming days.

Traders should take shorts on every rally as trading opportunity. Regards, Abhishek H.Singh, CMT