# USD/CAD Range Setup (June 3, 2013)

Source: https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/
Language: en
Updated: 2013-06-03
Description: Explore USD/CAD Range Setup (June 3, 2013). USD/CAD is one of the. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.

USD/CAD is one of the best currency pairs to trade in a ranging market environment.



The pair is currently moving sideways on its 1-hour time frame, as it found support around 1.0300 and resistance near 1.0400.



The pair gapped up over the weekend, but the gap has already been filled. Stochastic is still climbing, which shows that there’s still enough buying pressure to trigger a test of 1.0400.



![USD/CAD Range Setup (June 3, 2013)]



Set a stop beyond the pair’s previous highs to give the trade enough breathing room. Aiming for the 1.0300 bottom of the range could still be a 2:1 trade with a 50-pip stop.



The U.S. ISM manufacturing PMI is the only red flag for this pair today, and the report is expected to tick lower from 50.7 to 50.6.



*By Kate Curtis from Trader’s Way*

## Structured data

JSON-LD as served in the HTML version of this page.

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Article",
            "@id": "https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/#primary",
            "url": "https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/",
            "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/",
            "headline": "USD/CAD Range Setup (June 3, 2013)",
            "inLanguage": "en",
            "datePublished": "2013-06-03T10:19:08+00:00",
            "dateModified": "2013-06-03T10:19:08+00:00",
            "articleSection": "Market Info",
            "description": "Explore USD/CAD Range Setup (June 3, 2013). USD/CAD is one of the. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.",
            "image": {
                "@type": "ImageObject",
                "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png"
            },
            "author": {
                "@type": "Organization",
                "@id": "https://www.tradersway.com/#organization"
            },
            "publisher": {
                "@id": "https://www.tradersway.com/#organization"
            }
        },
        {
            "@type": [
                "Organization",
                "FinancialService"
            ],
            "@id": "https://www.tradersway.com/#organization",
            "name": "Trader's Way",
            "alternateName": "TradersWay",
            "legalName": "TW Corp LLC",
            "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.",
            "url": "https://www.tradersway.com",
            "foundingDate": "2011",
            "logo": {
                "@type": "ImageObject",
                "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png"
            },
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "No. 9 Cassius Webster Building, Grace Complex",
                "postOfficeBoxNumber": "1330",
                "addressLocality": "The Valley",
                "postalCode": "AI-2640",
                "addressCountry": "AI"
            },
            "contactPoint": {
                "@type": "ContactPoint",
                "contactType": "customer support",
                "email": "support@tradersway.com"
            },
            "areaServed": "Worldwide, excluding the United States and the United Kingdom",
            "knowsAbout": [
                "Foreign exchange trading",
                "Contracts for difference",
                "Leveraged trading",
                "Precious metals trading",
                "Energy commodities trading",
                "Stock index trading",
                "Cryptocurrency trading",
                "MetaTrader 4",
                "MetaTrader 5",
                "cTrader"
            ],
            "sameAs": [
                "https://www.trustpilot.com/review/www.tradersway.com",
                "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers",
                "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA",
                "https://www.facebook.com/tradersway.forex.broker",
                "https://twitter.com/TradersWay",
                "https://www.instagram.com/traderswayforex/",
                "https://t.me/tw_eng"
            ],
            "identifier": {
                "@type": "PropertyValue",
                "propertyID": "Anguilla company registration number",
                "value": "A000001731"
            },
            "location": {
                "@type": "Place",
                "address": {
                    "@type": "PostalAddress",
                    "streetAddress": "Radnicka 147",
                    "addressLocality": "Valjevo",
                    "postalCode": "14000",
                    "addressCountry": "RS"
                }
            }
        },
        {
            "@type": "WebSite",
            "@id": "https://www.tradersway.com/#website",
            "url": "https://www.tradersway.com",
            "name": "Trader's Way",
            "publisher": {
                "@id": "https://www.tradersway.com/#organization"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://www.tradersway.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Resources",
                    "item": "https://www.tradersway.com/resources/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Market Info",
                    "item": "https://www.tradersway.com/resources/market-info/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "USD/CAD Range Setup (June 3, 2013)",
                    "item": "https://www.tradersway.com/resources/market-info/usd-cad-range-setup-june-3-2013/"
                }
            ]
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Person",
            "@id": "https://www.tradersway.com/#wayne-mcdonell",
            "name": "Wayne McDonell",
            "jobTitle": "Chief FX Strategist",
            "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".",
            "worksFor": {
                "@id": "https://www.tradersway.com/#organization"
            },
            "knowsAbout": [
                "Foreign exchange market",
                "Technical analysis",
                "Fundamental analysis",
                "Forex trading strategy"
            ],
            "sameAs": [
                "https://www.youtube.com/c/tradersway"
            ]
        },
        {
            "@id": "https://www.tradersway.com/#organization",
            "employee": {
                "@id": "https://www.tradersway.com/#wayne-mcdonell"
            }
        }
    ]
}
```
