OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             has a very peculiar configuration this week.
The support at 1.31220 was violated on Thursday, but the Bulls came into the game to bring it up above it again.
Nevertheless, another bearish bar closed just below it on Friday.

Macro and Cyclicity are expecting a signal to go LONG.

Interesting to watch and see whether this takes a clear position either LONG or SHORT.
In both cases we should have margin for a TP1 of about 100 PIPs and a TP2 of about 200 PIPs with even more possibility if the starting trend is strong, as you can see in the #support #resistance levels highlighted in the chart.

Prices refer to this chart and may vary with other platform/brokers.
I always discuss and follow up these ideas on my blog.
Trade active: #USDCAD boomed up...
Entered LONG ~1.30695
TP_1 ~1.32360
Half trade still open to look for long-term trend.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out