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mybetkay
Oct 8, 2017 8:41 PM

USDCAD Long Long

U.S. Dollar/Canadian DollarFXCM

Description

Looking for price to test that orange zone between the 50 and 61.8 fib levels. At the moment, price is sitting on the 50 level but reversal is expected to fall within that zone before I go long on this pair. That's the technical analysis and as far as fundamentals are concerned, USD looks to be gaining some strength at the moment. So lets see how it plays out.

Apply your own analysis. This is not a signal.

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