USD CAD $USD $CAD Possible Long 2bar Reversal Long

FX:USDCAD1D

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 4, 2015 10:14 PM

As we see, USD/ Cad form a daily 2bar reversal on daily, and expecting to go next resistance level

USD CAD USD (US Dollar)reversal priceaction price-action

Comments

Dread1

⋅ Feb 4, 2015 10:36 PM

It has a support from where it bounced. So I hope it will go further up as the momentum is still upward. I'm still learning it not a master. Hopefully I'll get success.

IamMuffee

⋅ Feb 4, 2015 10:33 PM

Just be careful on trading this pair since if it start the downward momentum, it'll fall like crazy. Current momentum is upward. So I hope after a little retracement it'll find its way to 1.28xx or ever further. who knows!