Get started
LiamMizzi

USDCAD: Bouncing inside channel 160+ Pips

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
LiamMizzi  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
6
0
trendanalysis
USDCAD is currently inside of a channel and had recently reached support and bounced back up. It had pulled back which is a good entry point. I expect it to rise up to resistance for around 170 Pips.

Please do not take this as professional advice. Trade this idea at your own risk :)

Good luck if you decide to take this trade
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.