USD CAD potential long
potential for long
1) strong trendline support.
-There's few false breakout in between trendline which suggest a strong trendline.
2) Candle hasn't broken through the trendline and resting nicely on the trendline itself.
3) Currently found support on 61.8% retracement.
4) Ema 200 suggest bullish bias
5) making higher high, higher low signifying of uptrend.
Whatever it is, we shall wait for the latest candle to complete it's move before taking any action.
Have a nice day. Trade what you see.
1) strong trendline support.
-There's few false breakout in between trendline which suggest a strong trendline.
2) Candle hasn't broken through the trendline and resting nicely on the trendline itself.
3) Currently found support on 61.8% retracement.
4) Ema 200 suggest bullish bias
5) making higher high, higher low signifying of uptrend.
Whatever it is, we shall wait for the latest candle to complete it's move before taking any action.
Have a nice day. Trade what you see.
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