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ginfrix

USDCAD Bounce Play (Trade Idea)

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ginfrix  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance USDCAD
1
0
supportandresistance usdcad
USDCAD trade setup (Bounce Play)

Timeframe: 1H
Buy at 1.20200
Stop loss : 1.19550
Target Price : 1.21350

During the london session we saw a price rejection in the support area around 1.20200.

USDCAD price now at support level. a breakdown in 1.20200 will take the price to 1.19200.
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