EliteTradingSignals

USD/CAD LONG FROM SUPPORT

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello,Friends!

The BB lower band is nearby so USD-CAD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.354.

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Trade closed: target reached:
We are taking profit boys

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