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TheTradingDistrict
Oct 8, 2019 4:23 PM

USDCAD Longs if breakout Long

U.S. Dollar / Canadian DollarFOREX.com

Description

Price is currently pressing key level resistance @ ~1.33400 on the daily time frame. If price breaks and hold above this level, we can expect a push upwards. Let's wait for confirmation as always.

Find entry above the breakout around our resistance zone. I will be looking for a bullish daily candle holding our key level resistance. Potential 70-160 pip move.

TP 1: 1.34200
TP 2: 1.353330
SL: 1.32850

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