USDCAD Long from major support levels Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Oct 30, 2019 1:05 PM

Price has just come off a major support level and is now above the 20 EMA with price just over the 50 EMA. On the 4 hour chart I'd be looking at the first target of 1.31408 and then a second target of 1.31943 giving a 1 to 1 and 1 to 2 R/R ratio.

Come on you bulls (at least for a couple of days)

Good luck everyone.

PA

Trade closed: target reached

⋅ Oct 30, 2019 7:31 PM