Captain-K

USDCAD MINIMUM 500 PIP MOVE UP!!!

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hey everyone! Upon analysis today I came across the USDCAD pair. Now looking at monthly and weekly timeframes I identified a valid support which price has respected as you can see. So, price should begin to move up eventually. However, I will wait for price to go down a little more and then reverse or show immediate bullish strength. We shall see though. Comment down any ideas or suggestions! I have been only trading for a few months so apologies if my knowledge is limited.

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