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jichen7777

Interesting move on USDCAD, good to long

Long
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
jichen7777  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Wave Analysis
1
0
trendanalysis harmonicpatterns waveanalysis
After CBC raising rate, USDCAD must have a stronger trend to 1.20; however, i find there are two turning point at the 1.2400. Basic my analysis, USDCAD have opportunity back to 1.2900.

My plan is set long position around the position, target at 1.2900, S/L at 1.2300.
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