EverythingFX
Long

USD/CAD update. Bullish bias to 1.3400

FX:USDCAD   U.S. Dollar/Canadian Dollar
637 2 8
A few weeks back I was expecting a bearish run on the USD/CAD             , however after a very weak
bearish weekly close the pair continued its momentum to the upside and broke through 1.2800 monthly + yearly res.

Now we have a back to bullish sentiment,with the next upside profit target 1.3400.

Nice potential for a few hundred PIPS.

happy trading!

@EverythingFx
Yahia.Awes
a year ago
This would lead to more downwards pressure on crude oil. But I expect this pair to take a deep breath before going up more personally..
Reply
DelorenFX
a year ago
Nice to be able to save the trade and adjust your position :)
Reply
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