USD/CAD - hit 3 targets in one day

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USD/CAD - hit 3 targets in one day

By Anka Metcalf — Author

USD/CAD trade was called this morning.

This is the original post:

USD/CAD long over 1.0770, stop under 1.0705, targets: 1.0800, 1.0821, 1.0875, 1.0900 and 1.0950

Risk: 65 pips

Potential Reward: 130 pips

The strong daily consolidation pattern suggested that the breakout over resistance area would have high odds of continuing higher.

USD/CAD daily chart below with major representation of support, resistance and profit target.

Hope you had a great trading week.

Have an amazing weekend!

Anka Metcalf

Posted to FOREX Trading for Maximum P… on Jul 25, 2014 — 12:07 PM

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