Whitecoat_Investor

USDCAD - Corrective Structure?

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Looking for a long opportunity with USDCAD
The divergence isn't perfect but it's still oversold and this pair has been making higher highs and higher lows on the daily chart for the past 2-3 months. 1.2900 price action number acting as a rebound should help this pair continue upward.

Happy Trading
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.