USDCAD Buy Trade opportunityUSDCAD Buy Trade opportunity
USDCAD Buy trade opportunities It again retests the support line and made a strong Bullish candle its a good opportunity for a long with very good risk-reward
Can place the Buy trade above 1.2620 Area and Stop Loss Below the Support line
"Always trade with Stop Loss"
Usdcadforecast
USDCAD ANALYSIS ON H4 CHART.Overall, USD/CAD is trending downwards.
The Canadian retail sales data will be released later at 2130 (GMT+8).
Core Retail Sales m/m (Forecast: 1.1%, Previous: 1.3%)
Retail Sales m/m (Forecast: 1.2%, Previous: 1.6%)
Currently, USD/CAD is testing to break above the key level of 1.25. Its next support zone is at 1.24500 and its next resistance zone is at 1.26100.
Look for short-term buying opportunities of USD/CAD if it breaks above the key level of 1.25.
USDCAD: BEARISH CONTINUATIONAccording to elliott wave rule , in an impulse wave 4 cannot intervene into the the territory of the wave 1 . The current structure shows that USDCAD is forming a wave 4 & is likely to end soon. One should go short on any rise keeping SL of 1.2595 & look for the target of 1.2285 and 1.20500 and below.
USDCAD SELL SETUP FOUNDusdcad sell setup found
usd cad live forex signals | #usdcad |liveforexsignals
market has clearly broken trendline on m15 timeframe,
we just needto retrace the market on trendline than we have good opportunity for sell in usd cad,
i think it could be a best forex signals setup for usdcad