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DeGRAM
Apr 10, 2024 10:52 AM

DeGRAM | USDCAD rebound from the retracement level Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is moving in an ascending channel.

The volatility of price movement has decreased.

The chart has reached the 50% retracement level of the last upward impulse.

The price is above the level of dynamic support.

We expect a rebound after a retest of the current support.


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Trade closed: target reached

Comments
DeGRAM
Good luck in the markets and have a great trading week!
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