USDCAD:The 0.618RET and Demand Zone
The market is pulling back the 0.618RET of previous rise and this level is also where the Demand zone works.
Meanwhile the RSI has been divergent.
So it is good to buyl at 1.341-1.344 levels when price action gives signals in the PRZ.
SL:below 1.337
TP1:1.358
TP2:1.365 and further more
Meanwhile the RSI has been divergent.
So it is good to buyl at 1.341-1.344 levels when price action gives signals in the PRZ.
SL:below 1.337
TP1:1.358
TP2:1.365 and further more
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