Dollar A.S. / Dollar Kanada
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USDCAD - SELL strategy

107
The suggestion to go long some weeks back worked well.

Now we are on the other side of the fence, expecting to retrace a bit. We should SELL at current 1.2605 and keep stop-loss tight at 1.2657 max.

The channel is well-define, and i feel we will remain below or around the mid-range of the channel and come to lower boundary again. Further, the Moon Phase is new moon suggesting a correction down again.

the profit should be somewhere 1.2450.

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