InvestingScope

USDCAD: Long term buy opportunity.

Long
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
This pair has been trading on a long term 1W Channel Up since last September. The neutral RSI = 52.922 and Highs/Lows = 0.0000 indicate that a Higher Low has most likely been priced last week. This is an optimal buy opportunity, and as long as the lower Higher Low support holds (red frame) we will target 1.3600.






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