Fxprotrader

USDCAD Watch For A Breakout Before Going Long

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price is in a corrective structure after a sharp impulsive up move and is now testing a key support level with great confluence. We should wait for price to break above this correction, watch for a sell setup and go long with USDCAD

On Monday i will host a webinar analyzing all forex markets for potential setups in the upcoming week. You may register using the link below:

attendee.gotowebinar.../5622718122159240962
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.