TradePlus-Fx

TradePlus-Fx|USDCAD:future prospects

Long
TradePlus-Fx Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
💬Description: A correction in favor of the US dollar is expected for most trading instruments. For the USDCAD currency pair, there are more promising entry points with good growth potential. Here, a short-term long-deal is being considered towards the level of 1.37000. The targets, of course, can be considered higher, approximately to the level of 1.38000. However, do not forget about moving to breakeven and, of course, partial profit taking.

As for the medium term, a downward reversal and continuation of the downward movement can be expected right around the level of 1.38000. In this case, the downside targets will be at the level of 1.36447, then at 1.35019.

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