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Forextuitions
Apr 23, 2020 11:56 AM

USDCAD LONG TRADE SETUP Long

U.S. Dollar/Canadian DollarFXCM

Description

The weekly is turning up against the 9/8/2017 lows at 1.2061. The daily & 4 hour right side is up with a bullish sequence against the 12/31/19 lows at 1.2944. While above 1.3995 where the hourly right side is up the pair can bounce to correct the cycle lower from the 3/19/20 highs before a turn lower to correct the cycle up from the 12/31/19 lows.
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