FOREX TRADING | PRICE ACTION SIGNALS

Hello Naked Traders!

Usd/Cad

The “loonie” today has retested the 0.9960 level which, as seen here on the weekly outlook, could serve very well as a resistance area. In this case today daily chart shows us a clear price action naked signal that gives us the chance to go short. The possible risk: reward scenario is certainly very good and is therefore a trading deal that you might consider to do with no doubts! The firstĀ  support level is 0.9870 area.

 

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