M-royce
Long

Potential Buy for UsdCad??

FX:USDCAD   U.S. Dollar / Canadian Dollar
The UsdCad is in an uptrend as it is making higher high and higher low.

1.2850 – 1.3000 key resistance area was broken in mid of June and price has been trading above the key resistance since then, which has turned into support now.

I will be looking for a Long, ideally when the price touches the support level .

Stay tuned!


** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
Order cancelled: The UsdCad is so strong that it surged higher without touching the support levels.

I will be giving this bullish engulfing candle a miss because I would prefer a rejection that comes from value area (support area).

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