Dear traders, USD/CAD is currently at an area of support from where
price has bounced up multiple times in the past.
So, if the support region around 1.3300 holds, we can expect a similar
bullish move towards 1.3650. So, traders can buy USDCAD@1.33-1.3320
with SL below 1.3250 and TP at 1.3650.
The above bullish scenario would be invalid if the support region breaks.
price has bounced up multiple times in the past.
So, if the support region around 1.3300 holds, we can expect a similar
bullish move towards 1.3650. So, traders can buy USDCAD@1.33-1.3320
with SL below 1.3250 and TP at 1.3650.
The above bullish scenario would be invalid if the support region breaks.
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.
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.