USDCAD - NOT PREPARED FOR A LONG TERM BUY
As seen on the weekly timeframe, the pair have not completely met its selling objective. Traders will attempt to go long but might end up remorseful. An opportunity will definitely unveil itself, and the pair may retrace to get in more buying orders.
The only leading indicator here is the price. Study the market closely and wait patiently for a reaction at key levels before getting your signal to buy or sell.
The only leading indicator here is the price. Study the market closely and wait patiently for a reaction at key levels before getting your signal to buy or sell.
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.