🔔🔔🔔USD/CAD news:
➡️ The USD/CAD pair rebounded from its recent losses seen in the previous session, trading around 1.3870 during Friday’s Asian session. The pair is stronger as the U.S. dollar gained traction, supported by optimism over potential U.S. trade deals. The greenback attracted some dip-buying interest after Thursday’s mild decline and found additional support from upbeat U.S. macroeconomic data.
Personal opinion:
➡️ USD is on the rebound and performing better than CAD. Therefore, the main trend for this pair is still bullish in the short term
➡️ Analysis based on resistance - support levels and trend lines combined with SMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3866 - 1.3850
❌SL: 1.3830 | ✅TP: 1.3920 - 1.3970
FM wishes you a successful trading day 💰💰💰
➡️ The USD/CAD pair rebounded from its recent losses seen in the previous session, trading around 1.3870 during Friday’s Asian session. The pair is stronger as the U.S. dollar gained traction, supported by optimism over potential U.S. trade deals. The greenback attracted some dip-buying interest after Thursday’s mild decline and found additional support from upbeat U.S. macroeconomic data.
Personal opinion:
➡️ USD is on the rebound and performing better than CAD. Therefore, the main trend for this pair is still bullish in the short term
➡️ Analysis based on resistance - support levels and trend lines combined with SMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3866 - 1.3850
❌SL: 1.3830 | ✅TP: 1.3920 - 1.3970
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
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.