EagleFX-com

USD/CAD -Daily Trade Sentiment Aug 30

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD -Daily Trade Sentiment
Support in USD/CAD resides at 1.3225, which marks the 38.2% Fibonacci retracement of the 1.3565-1.3016 decline. The USD/CAD may have a bullish reversal above 1.3250, so you can take buy position above this level with a stop loss around 1.3200 and a target of around 1.3300.

All the best to all traders, may you have a profitable U.S. Session!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.