Don't miss the great buy opportunity in GBPCAD
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7135). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCAD is in a uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.7322
TP2= @ 1.7515
TP3= @ 1.7750
SL= Break below S2
. There is a possibility of temporary retracement to suggested support line (1.7135). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCAD is in a uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.7322
TP2= @ 1.7515
TP3= @ 1.7750
SL= Break below S2