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TopTradingSignals
Oct 5, 2021 7:12 PM

USD-CAD Found New Support! Buy! Long

U.S. Dollar/Canadian DollarFXCM

Description


Hello,Traders!
USD-CAD
is trading in an uptrend
But the pair broke the previous rising support
Following the strength of the crude oil
However, the dollar is strong too
And is might be so that the pair found a new support
From where at least a local rebound is expected
Buy!
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Comment

Target reached!
Comments
TopTradingSignals
What do you think about USD-CAD?
Maximus96forex
@TopTradingSignals, i had the same view came here to confirm it, i bought also cuz i saw a false breakout of the trendline
Maximus96forex
@Maximus96forex, plus in H4 i see a double bottom wich would lead me to think it's gonna bounce to the upside but i see nowhere people talking about it
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