philallum

USDCAD Long from major support levels

Long
philallum Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price has just come off a major support level and is now above the 20 EMA with price just over the 50 EMA. On the 4 hour chart I'd be looking at the first target of 1.31408 and then a second target of 1.31943 giving a 1 to 1 and 1 to 2 R/R ratio.

Come on you bulls (at least for a couple of days)

Good luck everyone.

PA
Trade closed: target reached
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