U.S. Dollar / Canadian Dollar
Long
Updated

USD/CAD Trading Idea

1 849
Fundamentally, currency rate will move up because OIL price is going down. Canadian dollar depends on Oil prices when it decreases USD/CAD is moving up always.

Technically, Price can break up downward channel because yesterday was powerful Pinbar which stopped all down move.

I will open buy if the price will break up that channel.
Goals: 1-st: 1.3288 2-nd 1.3348

Push like and Subscribe
Note
Price break up Downward channel snapshot
Trade closed manually

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.