Jeefury

USDCAD for First week of January 2021

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
Hello,

USDCAD is looking to go up in the next days as it already has been on a downtrend for quite a long time.

Let us wait for the pair to form a strong support, and then we can execute a buy above the support level and TP at the next resistance level.
RSI also gives strong buyers sentiment as there is divergence between the candle and the RSI.

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