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MtxTrader
Jan 5, 2017 10:09 PM

USDCAD Another Buying Opportunity Long

U.S. Dollar/Canadian DollarFXCM

Description

The time has come to buy this pair once again, in case you missed the first signal several weeks ago.

Price has met a season support trendline inside the channel on the daily time frame.

I would say to wait for a strong daily bullish candle to buy, but NFP will be released within 15 hours, so maybe buy now and place a stop loss around the 1.31 area.
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