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Korora

USD/CAD profit target reached perfectly, prepare to buy

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Korora Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
usdcadforecast
8
0
usdcadforecast
DXY

Price has dropped and reached our profit target perfectly. We prepare to buy above 1.3503 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave theory) for a push up to 1.3641 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) sees strong horizontal support above our 36% level.

Trade active

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Korora
Trading plan for 09/05/2017: USD/CAD Good Sell Here
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