I’m looking at a continuation of bullish sentiment on USDCAD. Possible retracement lining with Fibonacci levels and higher time frame demand is possible in my projection of TP to the 128.210 area. We can also not retrace and go straight to targets. Follow confluences, technicals and be sure to pay attention to fundamentals it is equally important in today's markets. The start of 2022 has been lucrative for fellow risk management and psychology-driven traders. The next couple of months will be extremely Volatile with inflation, war, and the effects of the pandemic. Risk management is key.
Trade closed: target reached:
Full target and runner hit projection of 128.210