BD_Trading
Long

USDCAD - Ready for upside?

FX:USDCAD   U.S. Dollar/Canadian Dollar
113 3 7
I will be watching if it finds support at 0.764 fib level and buy with targets 1.40, 1.46(if there is possibility of retesting the top).
Comment: I will wait to break and consolidate over that TL.
snapshot
For your scenario to happen crude oil must collapse again. Do you agree?
+1 Reply
Yes, 1,46 is hard to happen - that means oil retesting bottom but a correction is more likely - 1.40.
Reply
Olu BD_Trading
I hear you. Thanks for your reply
+1 Reply
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