Cmata1983

A 38% of Fibo scale retracement is formed.

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
A 38% pullback has been made during the last night London session and the price of the USD against CAD started rising up again with the opening of New York session. According to our moving average, it is the correct price to enter for a buy, however, let's just wait for the uptrend movement to start showing a better and clear path.
s

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.