USDCAD - new Buy postion
At the moment the USD has been bearish this week and its been oversold in Day time frame. In this 4 hrs time frame
we can see the price is testing the 50ma twice and there is high possibility a new channel is forming making an uptrend long position.
The price pull back from 1.2589 approx' support line... therefore we have buy position opportunity as long our 4hr bar stays bullish.
we can see the price is testing the 50ma twice and there is high possibility a new channel is forming making an uptrend long position.
The price pull back from 1.2589 approx' support line... therefore we have buy position opportunity as long our 4hr bar stays bullish.
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