ForecastCity_ME

💡 Don't miss the great buy opportunity in USDCAD

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2815). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 1.2880
TP2= @ 1.2930
TP3= @ 1.3000

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

I feel that is right for USDCAD. Thanks my friends.
+3 Reply
@Lizabet, Thank you for sharing your feedback. We appreciate it
+1 Reply
Good forecast, hope to see more.
+2 Reply
ForecastCity_ME davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it
+1 Reply
GOOOOOOD
+1 Reply
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