JigneshDavda

5 Reasons to go Long USDCAD

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
1. 61.8% Fib (3267-3368)
2. 50% Fib (3224-3368)
3. Rising Channel
4. Uptrend on all higher TF's
5. 1H Bullish Engulf & 4H Reversal Candles

USDCAD remains in a strong uptrend, however we are starting to see momentum slow a bit, hence the conservative targets for this trade at 1.3390

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