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USDCAD > Strong Structure Support for A Buy

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Analysis on #USDCAD

The last analysis was on point and the cad moved as predicted from the zone, now as you can see the pair is not able to close above 1.2710-1.2700 and is faced with some selling pressure or profit-taking


>> If the market drops again to my kill zone near 1.2660 I will then look for a buying trade with good risk to reward if the rules for entry are met.

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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**

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