USDCAD sell trade idea 14 06 2021
SELL USDCAD 1.2150
SL: 1.2180
TP1: 1.2130
TP2: 1.2110
TP3: 1.2090
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
SELL USDCAD 1.2150
Timeframe: H1
Step 1 - Previous News: USD: Preliminary UoM Consumer Sentiment increase , CAD: -
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: USD: -, CAD: -
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