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elvincarigma
Jun 10, 2018 7:35 AM

USDCAD, H1 Long

U.S. Dollar/Canadian DollarFXCM

Description

I have a bullish bias in the market although the price is below MAs 55 & 200. Even though the market is moving in a sideways direction in H1, the higher TF is ranging towards a bullish direction. DXY also shows that the price respected the demand zone in D1. In addition, fundamentally, USD will gain momentum when the FOMC outcome becomes positive. My entry is @ 1.2910, TP1 @ 1.2955 & TP2 @1.2986
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