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trustbrokergroup
Oct 27, 2017 7:38 AM

USD/CAD BUY LIMIT - 27/10/2017 Long

U.S. Dollar/Canadian DollarFXCM

Description


The pair continued growing, which totally matches with our previous scenario. Now we should consider only long positions for USD/CAD. We can enter the market only in case of a smooth downward correction on small volume, because we need to obtain an acceptable entry point. A stop loss should be place below the support 1.2764 - 1.2777. A potential of the deal is more than 100 pips.

The bottom line: long positions are in priority.
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