ForecastCity_EU
Long

Don't miss the great buy opportunity in USDCAD

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3525). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the Resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.

Take Profits:
TP1= @ 1.3665
TP2= @ 1.3725
TP3= @ 1.3820

SL= Break below S2

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Comments

Great analysis, keep up the great work!
+2 Reply
@Kristalyn, Thank you so much
Reply
WOW, perfect analysis!!
+2 Reply
ForecastCity_EU Pro_Trader_007
Reply
still wondering how are u so accurate well done keep it up
+1 Reply
Your analysis is very accurate. Thanks a lot
+1 Reply
@Kamryn, you're welcome👍
Reply
Nice thorough Analysis
+1 Reply
ForecastCity_EU Mehmetozdemi
@Mehmetozdemi, Thank you
Reply
thanks for your ideas
+1 Reply
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