Trade_Simple_FX

USDCAD H4 - Long Trade Setup

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD H4

We are evidently seeing the USD see a little bit of weakness, but can we hold support on USDCAD lows until we can gear up for some strength/corrective moves.

Very similar to what we were expecting from USDCHF, but USDCHF seems to be breaking support now after trying to hold for so long. CAD losing a little bit of ground early doors as we see WTI drop in price back below $60/B. Huge extensions on WTI, just real entry points.

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