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21.07.202010:22 Forex Analysis & Reviews: USD/CAD - take your money!

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 21.07.2020 analysis

Good afternoon traders! Congratulations to those who followed the plan last July 17, which was to open short positions in the USD/CAD pair.

The idea was to lower the quote below the buy stop at 1.34900:

Plan:

Exchange Rates 21.07.2020 analysis

Results:

Exchange Rates 21.07.2020 analysis

The trading idea was based on the Price Action and Stop Hunting strategies.

Congratulations again and have a good day!

Andrey Shevchenko
Analytical expert of InstaForex
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