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Elemont
Aug 30, 2018 8:38 AM
USDCAD BULLISH CORRECTION
Long
FX:USDCAD
240
U.S. Dollar/Canadian Dollar
FXCM
Description
⋅
Aug 30, 2018 8:38 AM
USDCAD is building bullish momentum on major support, we expect a corrective bullish run to begin on the H4.
- MACD upwards momentum
- Bounce off support
- Has met previous down range
Targets:
1) 1.2970 - 38.2% Fibs
2) 1.2995 - 50% Fibs
3) 1.302 - 61.8% Fibs
SL:
1.2899 - Just below support
Trade closed: target reached
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Aug 31, 2018 1:32 PM
Trend Analysis
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USDCAD
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CAD
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