Get started
FxWirePro

USD/CAD Intra day trading idea

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FxWirePro  
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
1
USD/CAD made a low of 1.1640 and has recovered from that level. Intra day trend reversal can happen only below 1.1160.
Any indicative break below would extend loss to 1.1120/1.1080.
Intraday resistance is around 1.1250. On the upper side break above would target 1.1278.
Recommendation: Buy USD/CAD around 1.1180, SL 1.1158, Target 1.125/1.1280.
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.