USDCAD 30min Analysis March 10th, 2020
Trade Scenario 1: Bullish - For us to go long we want to see price retrace to 1.2630. We will then wait for price to find support and enter on strong bullish setups, first targeting 1.2680
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2620. We will then wait for a retrace and for 1.2620 to act as resistance. Enter on strong bearish setups, first targeting previous lows around 1.2590
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2620. We will then wait for a retrace and for 1.2620 to act as resistance. Enter on strong bearish setups, first targeting previous lows around 1.2590
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Disclaimer
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.