Possible USDCAD Buy
Updated
This pair has reached a daily support and resistance that was last tested 1 Oct 18.
Oversold in both the Daily and 4hr time frames.
looks like its going to break its down trend in the 1hr chart.
Oversold in both the Daily and 4hr time frames.
looks like its going to break its down trend in the 1hr chart.
Note
Second chance to enter long on USDCAD as it retraces lower to make a comeback. might bounce off the 1hr 1.27806 area, if not then then the daily support(pink) at 1.27732.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.