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U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD 60

245
Price broke its higher time frame counter trendline & is coming back for a retest. Now looking to create a lower high before continuing its downtrend..
Note
snapshot Previous resistance now support, after a bullish engulfing breakout
Note
Daily: snapshot just riding the retracement, CAD rate hikes are likely to come soon..
Note
snapshot daily closure above 1.24500, now catching some momentum to the upside
Note
snapshot
Trade closed: target reached
Profound_Ambition
breakcaddollarctllowerhighretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDCADDJ FXCM Index

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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.
breakcaddollarctllowerhighretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDCADDJ FXCM Index
Profound_Ambition

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.