Hi dear traders . here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins . so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair .
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Disclaimer : please note that is my personal point of view about market ,please always take your trades responsibly .
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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.