USDCAD Finally the Short Momentum!
On USDCAD, we have a great bullish moment that is bringing the price to the supply zone. At 1.365 area, we have a strong resistance zone. At that point, I identified a POI that could be my entry point to the market with a target of 1.3538. RR 1:6.
The trade is very risky because the interest rate data will be released in 4 hours.
Let me know what you think. Good trading to all, bye.
Forex48 Trading Academy.
The trade is very risky because the interest rate data will be released in 4 hours.
Let me know what you think. Good trading to all, bye.
Forex48 Trading Academy.
🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: forex-48.com/trading
📊 FREE Watchlist: forex-48.com/free-watchlist
📚 FREE Course: forex-48.com/free-education
🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
📊 FREE Watchlist: forex-48.com/free-watchlist
📚 FREE Course: forex-48.com/free-education
🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
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.