With Oil prices surging we should see some bearish activity on USD/CAD ending the week.
Short term wise i believe we will see price come to weekly support @1.3150
Longterm wise we should come down to monthly support which happens to be our fib extention level
Await break of counter trendline and Moving averages to cross before entering.
Trade with care!!!
Short term wise i believe we will see price come to weekly support @1.3150
Longterm wise we should come down to monthly support which happens to be our fib extention level
Await break of counter trendline and Moving averages to cross before entering.
Trade with care!!!
Trade closed: target reached
TP1 hit
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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.