trustbrokergroup

USD/CAD BUY LIMIT - 24/10/2017

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD continued growing, which is a good bullish signal, but unfortunately, there is no a good entry point at the moment. We need to wait for a smooth downward correction of the price in order to get a better price for entering the market. A stop loss should be placed below the support 1.2558 - 1.2570. A potential of the deal is 130-140 points.

The bottom line: long positions after a smooth correction of the price.
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.