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USDCAD : a short term bounce

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TradingSutra Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Wave Analysis Trend Analysis USDCAD usdcadlong usdcadforecast usdcadanalysis Forex forextrading currencytrading forexsignals
5
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waveanalysis trendanalysis usdcad usdcadlong usdcadforecast usdcadanalysis forex forextrading currencytrading forexsignals
The current structure looks like an ending diagonal which suggests that there should be a pullback to the origin of the diagonal. One shold go long on current levels with SL of 1.259 for tgt of 1.269/ 1.271
Trade closed: target reached
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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