11.12.201914:03 Forex Analysis & Reviews: Trading idea for USDCAD pair

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Good day, dear traders! I present to your attention the trading idea for the USDCAD pair.

One of the most "noisy" instruments stopped in a very narrow range of 20-30p. What is interesting - this range has a very clear border in the lower zone. As a rule, the market does not forgive such "platforms".

In this regard, I propose two scenarios of work from this idea.

Option number 1. Work on the downside to break the lower border with a take at the quote of 1.3220.

Option number 2. Work on the downside to break the quotes of 1.3220 and further hold to 1.3.

Option number 3. Work on the downside to break the lower border with the take on the quote of 1.3220 and after a false breakdown, work on the up - to reach 1.3500 and 1.32700.

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