ForecastCity

Don't miss the great buy opportunity in USDCAD

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3245). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.

Take Profits:
TP1= @ 1.3310
TP2= @ 1.3330
TP3= @ 1.3395

SL= Break below S2

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Comments

Same Idea here.
+3 Reply
Mehmetozdemi Mehmetozdemi
@Mehmetozdemi, I totally agree with your analysis.
+3 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Thank you for your comments and feedback.
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Great minds think alike;)
+1 Reply
Nice analysis as usual guys! Keep it up!
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks a lot!
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We appreciate your support.
+1 Reply
Thanks you
🔥

🔥

🔥
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome!
Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment
Reply
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