I am looking down to the USDCAD pair looks bearish on 1 hour time frame if it will not hold, it will going low to test the daily 200Ma where we set the target to be at 1.29720 take proit.
Best of luck in your trades
Best of luck in your trades
Comment:
USDCAD couldn't hold to the uptrend, Now we are heading to test the daily 200Ma.
Comment:
Now we are below the daily moving average the USDCAD can keep going lower to find a support
Trade closed: target reached:
After reaching the target and had a lot of pips, we are turning high with a bullish reversal and expect taking profits from a chart as indicated.
Trade active:
It couldn't push higher and cut the moving averages but we are sitting into a support and still we are rally in this trade!