USDCAD On The Rise! BUY!

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snapshot


My dear friends,
Please, find my technical outlook for USDCAD below:
The instrument tests an important psychological level 1.4161
Bias - Bullish

Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.4266
Recommended Stop Loss - 1.4101

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Trade active
Yes, the price is going towards the target already!
Trade closed: target reached
snapshot
Rejoice, for the target was hit!

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