ForecastCity_ME

💡Don't miss the great buy opportunity in USDCAD

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.25930).
. 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 42.

Take Profits:
TP1= @ 1.26760
TP2= @ 1.26990
TP3= @ 1.27480
TP4= @ 1.28640
TP5= @ 1.29240

SL= Break below S2

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ForecastCity English Support Team ❤️

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