On the USDCAD chart, we can see that the pair is testing the strong confluence of the resistance 1.2900-1.2950 zone. This zone needs to hold for the upside continuation into a falling trend line 1.3200 level.
Note: look for the long trade entries with a stop loss below the 1.2950 level.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. We are publishing 5-10 trade alerts per week via real-time Private twitter feed!
