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ExtraOrdy
Aug 11, 2023 3:17 AM

USDCAD on a flip zone for long Long

U.S. Dollar / Canadian DollarFOREX.com

Description

USDCAD broke 1.33862 structure and extend to the upside given a valid demand zone (DZ) mixed with 4H Bullish engulfed pattern(BEP), reacting on the demand zone(DZ) which indicates a possible bullish move to the upside and also considering 1.33862 as a flip zone.
expecting a reach at 1.35028 and 1.35550 target

Trade active



first expected target hits 1.35028

Trade closed: target reached



1.35550 target hits

USDCAD made a slow 140pip journey
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