ForecastCity
Long

Excellent Long-Term Hunting Opportunity in USDCAD, Don't miss it

FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
Price is in the support zone (1.2465 to 1.2355), traders can set orders based on Daily-Trading-Opportunities (only with Daily-Trading-Opportunitie strong signal and daily close above 1.2465) and expect to reach short-term targets.

.Beginning of entry zone (1.2465)
.Ending of entry zone (1.2355)

Take Profit:
TP1= @1.2590
TP2= @1.2665
TP3= @1.2910
TP4= @1.3185
TP5= @1.3315
TP6= @1.3795
TP7= @1.4200
TP8= @1.4690
TP8= @Free

Technical analysis:
A peak is formed in daily chart at 1.2590 on Thu, 01/11/2018, so more losses minimum to support zone (1.2465 to 1.2355) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 37.
Current short-term is range bound, but beginning of uptrend is expected.
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