USD/CAD More bullish potential
Hello fellow traders. Focusing strictly on facts in the charts, USD/CAD has been oversold on a few indicators, a reversal was immanent as price eventually found support, and trends were broken, Daily MACD supports this. I'm expecting a retest to previous resistance levels to take profit.
Good luck out there! Let me know what you think might happen!
*This is a swing trade. May take a couple weeks, but I am expecting more bullish activity. Use proper risk management to approach this setup*
Good luck out there! Let me know what you think might happen!
*This is a swing trade. May take a couple weeks, but I am expecting more bullish activity. Use proper risk management to approach this setup*
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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.