In the past 60 minutes our Forex Automated Trading Signals have indicated a sell order for USDCAD. The Momentum 1 indicator sets a trailing stop at 1.17 for the counter trend trade. The indicator has an accuracy of 38%, averaging 37.13 pips of profit per trade.
See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.