USDCAD as with the bounce off the monthly support level, current is a strong uptrend.4H perspective, price is trading above 10ema since the cross over of 20ema and 10ema price is pushing back to the upside. With trade deal thread, including upcoming GDP on CAD could pump this price back to the resistance ?
As 10ema has not been tested since cross over, we may see the price to back to the upside with respecting the 10ema.
Buying on EMA is a high probability trade setup.
As 10ema has not been tested since cross over, we may see the price to back to the upside with respecting the 10ema.
Buying on EMA is a high probability trade setup.
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FREE TELEGRAM
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#1Regulated broker Vantage 100% bonus link vantagemarkets.com/open-live-account/?affid=MTAxMjk3
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link vantagemarkets.com/open-live-account/?affid=MTAxMjk3
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.