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ForecastCity
Dec 28, 2020 5:15 PM

πŸ’‘ Don't miss the great buy opportunity in USDCADΒ Long

USD/CADOANDA

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2815). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 1.2880
TP2= @ 1.2930
TP3= @ 1.3000

SL= Break below S2

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Comments
Lizabet
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Thanks again for your help. Clean and clear charting. πŸ‘
ForecastCity
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@Lizabet, Thank you for your comment. We appreciate it
Josef_anderson
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It's a nice technical analysis. keep up professional charting.
ForecastCity
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@Josef_anderson, Thanks for your comment.
fxpays
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Nice chartπŸ‘
ForecastCity
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@fxpays, Thank you
Kamryn
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Nice setup πŸ‘
ForecastCity
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@Kamryn, Thanks for your comment.
Kristalyn
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Thank you so much πŸ’
ForecastCity
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@Kristalyn, You're welcome.
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