USD/CAD BUY LIMIT - 24/10/2017

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.


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