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USDCAD Buyers are still in control

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Charts247TradingAcademy Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Wave Analysis Forex usdcadlong Technical Analysis pricebehaviour tradesignal
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trendanalysis indicator waveanalysis forex usdcadlong technicalanalysis pricebehaviour tradesignal
The USDCAD has been discounted nicely, price violated the sellers on Tuesday by breaking above Monday's high.
This was a buy signal, we have seen a correction, consolidation, and a strong reversal (manipulation/stops hunt) without breaking below the previous Daily low.
We are buying above: 1.2607
Stop: below 1.2580
Target above Momentum High 1.2653
Trade active:
Price is trading above our Long Point
Trade closed: stop reached
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