Hello,
Today I have entered USD/CAD. I have entered because the pair has been in a slight uptrend since the start of June. The price is currently being held up by the 200ma and has stalled around the 1.26351 support.
The trend-line running up from June was validated right before USD/CAD took off last week, and as a result this support should have our attention. A break here could see the pair retest the local highs.
Entry- 1.26157
Target- 1.28495
Stop loss- 1.25299
Good luck if you join
Today I have entered USD/CAD. I have entered because the pair has been in a slight uptrend since the start of June. The price is currently being held up by the 200ma and has stalled around the 1.26351 support.
The trend-line running up from June was validated right before USD/CAD took off last week, and as a result this support should have our attention. A break here could see the pair retest the local highs.
Entry- 1.26157
Target- 1.28495
Stop loss- 1.25299
Good luck if you join
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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.