U.S. Dollar / Canadian Dollar

Long

Updated

USDCAD has taken reversal

USDCAD has taken a reversal from 1.20200 in the weekly time frame with two Doji candles with good confirmation but volume is not supported so we can look at the first target of it is 1.26500 which is at a 0.23% level of Fibonacci
the one fundamental thing that is help it is the rising of the US Dollar

Trade is not recommended
Comment your views
Thanks

Note

Also made 3 bottoms

Trade closed: target reached

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Also on:

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.