ForecastCity_EU
Long

Don't miss the great buy opportunity in USDCAD

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3355). 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 51.

Take Profits:
TP1= @ 1.3435
TP2= @ 1.3475
TP3= @ 1.3530

SL= Break below S2

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Comments

Thank you for your insight.
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thanks for your ideas
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I got TP one. thanks for sharing it.
Reply
WOW, perfect analysis!!
Reply
Thanks
Running Profit 😍😍😍😍😍😍
Reply
I actually used it and I’m making a good profit as we speak now!
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great analysis sir
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