MichaelKhlestunov

USDCAD Buy signal (1 of 3)

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The Canadian dollar is consolidating at the beginning of the week, forming a sideways trading area. A sell signal from the upper border looks quite strong, but to receive it, you need to wait for an upward impulse to develop.
So while a weak BUY signal
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Low strength buy signal (1 of 3)
at the lower border of consolidation (1.2426)

Trade target - 1.2480 (54 points of profit)

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