https://www.tradingview.com/chart/ZnatBUjV/
USDCAD
USDCAD will bounce back from May17 support level around 1.38 and its also a 50% Fib level.
Oil prices have been on decline, hence that should be reflected in weak CAD dollar. There have been series of bad news on US side which is reflecting in US dollar, however CAD dollar is already showing signs of weakness.
Enter Long USD CAD 1.3810-20 Level
USDCAD
USDCAD will bounce back from May17 support level around 1.38 and its also a 50% Fib level.
Oil prices have been on decline, hence that should be reflected in weak CAD dollar. There have been series of bad news on US side which is reflecting in US dollar, however CAD dollar is already showing signs of weakness.
Enter Long USD CAD 1.3810-20 Level
Move to Idea number 007