the5erstrading

Swing term analysis USDCAD 7/3/18

FX:USDCAD   U.S. Dollar / Canadian Dollar
For the swing term the USDCAD is getting near a great supply, this

Supply is a great level of sell position, therefore I'll sell there, my first target

Will be the support zone below and the final target is the demand at the bottom.

In case the price will break out the supply above I'll look for P"A setup to open

Buy position with 1.3400 as a final target.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
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.