Get started
Samo_Danilo

USDCAD potential reversal after Canadian data?

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Samo_Danilo  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadlong bullishpattern Fibonacci Retracement fibonaccianalysis
4
2
trendanalysis chartpattern indicator usdcad usdcadlong bullishpattern fibonacciretracement fibonaccianalysis
Hello, all!
Potential reversal in USDCAD coming, with it bouncing off of 50% Fibonacci level traced back from 2020. highs.
Also, Canadian employment data are in favor of this potential move.
Targeting the 200-day Moving averages.
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.