Dion-FX

USDCAD MID-WEEK ANALYSIS UPDATE 08/10/2023

Long
Dion-FX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Bullish USD/CAD Short-term Opportunity πŸ“ˆ

Recent USD strength suggests a potential short-term bullish opportunity for USD/CAD. Set risk parameters, and stay informed for a tactical trade. After the market breaking the previous structural low, watch for any bullish reversal patterns during the pullback. Good luck! πŸ“ˆπŸ’ΌπŸ“ŠπŸ’Ή

OIL can also let this play out differently but the main target is still the same
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building upside liquidity
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Good setup as news moved the market to the upside like expected
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Shorts coming in
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USDCAD ANALYSIS UPDATE 15/10/2023
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Market as of now
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As said earlier

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