💡 Don't miss the great buy opportunity in USDCAD

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2605). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.

Take Profits:
TP1= @ 1.2660
TP2= @ 1.2690
TP3= @ 1.2715

SL= Break below S2

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Yes, highly likely you are correct.
+6 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Thanks for your comment. We're glad you like it.
Very nice chart and a great set up. I greatly appreciate your work. You are of great help to me.
+4 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, Thanks for your support.
Good job 👍 thx for sharing
+3 Reply
ForecastCity davidgolandak
@davidgolandak, You're welcome.
thanks for the brilliant tip
+2 Reply
@Sir_Ray, You're welcome.
Upvoted! 👏
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your support.
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