USDCAD on the M30 time-frame
USDCAD may rise 20 - 40 pips
Our preference
Long positions above 1.2570 with targets at 1.2620 & 1.2640 in extension.
Alternative scenario
Below 1.2570 look for further downside with 1.2555 & 1.2535 as targets.
Comment
The RSI shows upside momentum.
Our preference
Long positions above 1.2570 with targets at 1.2620 & 1.2640 in extension.
Alternative scenario
Below 1.2570 look for further downside with 1.2555 & 1.2535 as targets.
Comment
The RSI shows upside momentum.
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