USDCAD is on a slow downtrend from the 1.28800 level, it formed a small area of consolidation just below a previous low where I've entered in at 1.27523 with a 2.08RR. I have placed the TP in the area of a psychological level of 1.27000 which is also an area of previous lows from the last bullish momentum
Note
Playing out
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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.