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 (1.2745). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 1.2800
TP2= @ 1.2835
TP3= @ 1.2875

SL= Break below S2

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Comments

Appreciate your help.
+2 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thank you.
We appreciate your comment.🌹
+1 Reply
thank you for the helpful content
+1 Reply
@Sir_Ray, You're welcome. We hope you enjoy it. 🌹
Reply
Excellent charting 👌
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks for your comment. 🌹
Reply
Thank you for sharing it 👍
+1 Reply
@Kamryn, You're welcome. 🌹
Reply
Thanks for the posts keep up 👏
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, We appreciate your support. 🌹
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