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RizeSenpai

We Are At Low Risk Multi-Week Levels to Be Entering Longs

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
RizeSenpai  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Support and Resistance Bullish Divergence Demand Zone
1
0
trendanalysis indicator supportandresistance bullishdivergence demandzone
USDCAD has Pulled Back to a Weekly Demand Level that has been used as Support Multiple Times in History and is now showing Bullish Divergence on the MACD. If the Bulls are still here we will not be going below 1.20 and instead I think we could bounce back up to the 1.30 area and if we're really lucky we could see 1.46 again.

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