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uriyaz

USDCAD - looking to buy the retest of support zone

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
uriyaz  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD buy retest priceaction confluence reversal
5
0
trendanalysis chartpattern beyondta usdcad buy retest priceaction confluence reversal
As you can see on the chart , support and resistance are marked and future targets for the buyers .
I will try to buy the retest of support zone ( marked in yellow ) or the trendline - depends where the reversal will be created.
If USDCAD will continue its uptrend it might be a nice low risk and high reward buying spot.

Best of luck :-)
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