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USDCAD- continuation trade?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    $USDCAD- continuation trade? Currently we are at 1.3160. Dollar Strength and oil negative so we are looking to continue to the 0.618 Fibo resistance area @ 1.3254 with an overall target @ 1.3343. The average daily true range (ATR) for the pair currently is 94 pips.

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