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KaltoireCapital

USD/CAD price outlook| Buy the dips

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
KaltoireCapital  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD usdcadshort usdcadlong usdcadforecast usdcadanalysis usdcaddaily usdcadbuy usdcadsetup
122
35
trendanalysis chartpattern beyondta usdcad usdcadshort usdcadlong usdcadforecast usdcadanalysis usdcaddaily usdcadbuy usdcadsetup
USD/CAD appears to have bottomed out. Currently, the bulls are waiting to break the 1.37 key area. There must some event like a risk-off situation in the market that will trigger the Bulls to break this area strongly.
Either way, price actions suggests that Bulls will break this area sooner or later.
So, the best way to trade USD/CAD is to start buying the dips with small position sizes.

Related Ideas

KaltoireCapital
USD/CAD Bears are getting closer to the target 1.34
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