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Snick3rSD
Feb 8, 2024 5:38 PM

USDCAD - Long opportunity ✅  Long

U.S. Dollar/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on USDCAD.

Technical analysis: Here I think we are still bullish, so I am looking for short. I expect price to continue the retracement to fill half of imbalance and then to reject from support zone + institutional big figure 1.34000.

Fundamental news: Tomorrow we will see results of Unemployment Rate on CAD.

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Comments
GoodTradeST
I like your way of analysis. A very constructive and convincing idea.
Snick3rSD
@GoodTradeST thank you mate!
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