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Long

USDCAD Potential Long

FX:USDCAD   U.S. Dollar / Canadian Dollar
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1
Looking to long the USDCAD at trendline support from 1.06275 to 1.0600 with TP at 1.12300

Comments

On a weekly chart price looks like it could bounce to at least get into a risk free trade and pull in a few pips. I do not know. Could all be bs.
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The usdcad has had quite a rally since this long setup. Yet I believe price could go higher as long as it holds 1.25 on a monthly close. Am thinking price could trade to 1.54 if not 2002 highs at 1.61 monthly chart
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