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USD/CAD SELL - 07/11/2017

Viés de baixa
OANDA:USDCAD   Dólar Americano/Dólar Canadense

USD/CAD has broken down the support level, but unfortunately, the move was on small volume, so it is too risky to trade it. We need to get a stronger signal, such as a resumption of the fall on increased/large volume. Perfectly, if the price corrects up and them resumes its fall. A stop loss should be placed above the level 1.2782. A potential of the deal is up to 200 pips.

The bottom line: short positions are in priority.
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