TRDVMA

usdcad detailed analysis

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
4hrs chart


1dy chart


weekly chart


monthly chart


Seems like we are at the beginning of a B correctional wave (check out daily and 4h chart). Timing is important to get in. Currently at 1hrs chart upper channel is hit. Wait for a good point to enter. I would recommend at around 1.31 to enter long, where the resistance is. Long term target 1.35-1.36.

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