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ForecastCity_EU
Jun 10, 2020 10:08 PM

Don't miss the great buy opportunity in USDCAD Long

USD/CADOANDA

Description

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
Shiva_forex
Thank you for your insight.
Mehmetozdemi
thanks for your ideas
Pro_Trader_007
I got TP one. thanks for sharing it.
Forecast_Crypto
WOW, perfect analysis!!
Best_Forecast
Thanks
Running Profit 😍😍😍😍😍😍
Best_Forecast
I actually used it and I’m making a good profit as we speak now!
hassham122
great analysis sir
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