USDCAD > Irresistible Trading Plan for A Buy!!
Analysis of #USDCAD
Hello friends,
thank you for taking the time to read my analysis, my only wish it earns your likes and comments.
I have not been lately a fan of dollar trades, the only pair that i might make an exception for is the USDCAD.
looking at the hire tie frame I can see that traders defended the key level structure daily and on weekly, it seems that 1.3000 is a very important level for traders inside this market.
however, this pair did not make much of movement to the upside as well, I expect the pair to move toward 1.3240 a big resistance level.
the plan is to look for a drop toward 1.3040ish and look for a reason to enter this buy trade targeting 1.3240
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Hello friends,
thank you for taking the time to read my analysis, my only wish it earns your likes and comments.
I have not been lately a fan of dollar trades, the only pair that i might make an exception for is the USDCAD.
looking at the hire tie frame I can see that traders defended the key level structure daily and on weekly, it seems that 1.3000 is a very important level for traders inside this market.
however, this pair did not make much of movement to the upside as well, I expect the pair to move toward 1.3240 a big resistance level.
the plan is to look for a drop toward 1.3040ish and look for a reason to enter this buy trade targeting 1.3240
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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