mlwinter
Long

TWO SCENARIOS FOR USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
39 0 2
For long: Look for PA in yellow box. I favor long position at 1.29 area. It's also possible to see bounce at 61.8% 1.285.

For short: Breach of 1.285 will trigger my sell targeting 1.268
Comment: Price is very close now. Look for possible support
Comment: Hourly has printed higher high. Buy the dips.
Comment: nice rally
Comment: Second last H4 was a good reversal hammer. Will enter long once a higher low around 1.292 is form on H4 or multiple rejection observed on H1/M30
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