I think we may have an up and coming USD/CAD long. We have a daily uptrend making HH and HL with a 61.8 fib retracement almost sitting on top of Monthly support. We have a nice trend line coming up which the candle will either bounce or break to the downside, lets see how this one plays out.
I will be taking longs if price action presents its self around monthly support.
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.