We are looking at the USDCAD this morning.  Our Trendline Break Strategy triggered an upcoming trade alert. Looking at the 4hr chart of the USDCAD traders will find the 5am candle broke and closed below the near term trendline.

We will look for entry points on a slight pullback in the test around .9850 level with a protective stop order above the 5am candlestick high and a target of 25- 30 or so pips.

IMPORTANT NOTICE:  Trading of stocks, options, FOREX and other assets have substantial risk of loss, and is not suitable or appropriate for all persons.  Past results are not necessarily indicative of future results.  The information in this piece is based on sources that are believed to be reliable, but it is not warranted to be accurate or complete, and no performance or results from use of the information are warranted.  This piece is not a solicitation or offer to purchase or sell stocks, options or any other asset. Opinions expressed herein are subject to change without notice.  Before making any trade one should check with a broker.