Wave-Trader

USDCAD Buy the bounce off during the BOC rate decision

Long
Wave-Trader Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi there,

USDCAD Is setting up for next bullish breakout time to watch USDCAD to bounce off from bottom during the BOC rate decision.

Watch bottom during the BOC rate decision for bounce off if price bounce off then go long.


NOTE: sharp break down the bottom will invalidate the buy setup. In that case we will watch for buy again from bottom or from new low.


Good Luck
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