Stop!Loss|Market View: USDCAD

118
🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️

Potential trade setup:
🔔Entry level: 1.32468
💰TP: 1.33901
⛔️SL: 1.31035

"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
👇In the comments👇 you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts.

💬 Description: The USD will likely continue to decline in the short term, but the mid-term outlook remains favorable for buyers. For USDCAD, 1.39000 and 1.38500 are likely potential buying opportunities in the mid-term. Currently, given the price accumulation near the support level of 1.39385, a breakout to the levels outlined above is expected.

Thanks for your support 🚀
Profits for all ✅

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.