AvidPips

Long term look at USDCAD

Short
AvidPips Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Comment:
Too early to enter, but this is the overall view of where SL's and TP's are.

With the USDCAD breaking the first major resistance some weeks ago we have arrived at the next hurdle. And given the macro trend lines and the bull run we have seen so far, it is safe to say that we can expect a strong sell opportunity here.


Trading news events is the riskiest thing you can do in forex.
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.