asangwecho

Continuation of Up Trend in USDCAD

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
The pair has been in an uptrend for the better part of this year. With the fall in prices of crude oil which will directly affect the strength of the Canadian dollar, this will be a good trade to take for the weeks ahead. Remember you can trail your position at 200pips and it is good Reward/Risk of 3:1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.