USDCAD 30min Analysis March 3rd, 2020
Trade Scenario 1: Bullish - For us to go long we want to see price break and retest 1.2630. We will then look to enter on strong bullish setups off 1.2630, first targeting previous highs around 1.2680
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2600. We will then wait for a retrace and for 1.2600 to flip as resistance. Enter on strong bearish setups, first targeting 1.2570
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2600. We will then wait for a retrace and for 1.2600 to flip as resistance. Enter on strong bearish setups, first targeting 1.2570
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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.