Nico.Muselle

USDCAD - keeping options open

FX:USDCAD   U.S. Dollar/Canadian Dollar
This pair has been in a downtrend for the last couple of days, but still has not created any lower structure. Looking at the chart I see 2 potential trade setups.

If price breaks through the support line we might be looking at the blue bat taking it down to 1.2150's as there is very little in between to stop it.
If price fails to break through support, it might rally to 1.2720's.

Both options are still very possible at this moment.
pascalde-aguiar
2 years ago
It looks like the second scenario is happening !
+1 Reply
Tony1200
2 years ago
Hi- is their a intra-day opportunity here....
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out