USDCAD: Next Zone I'm Looking Long

FX:USDCAD   U.S. Dollar / Canadian Dollar
334 6 12
Analysis on chart!

I've highlighted the next place i would look long on this pair! Its a few pips away at the minute but using basic structure analysis this seems to be the high probability zone! Previous resistance may now turn support along with dynamic support in this zone! We also have a 0.382 Fib Retracement with ratio confluence in a 1.414 Fib Extension and 1.414 Fib Inversion!

As i mentioned price isn't close yet so we may get other technical's that line up closer to the time!

Just sit back and wait for price to come to us with this one for now!

Like, share and comment away!

Comment: Did anyone manage to get on this? First targets would have been hit!
Comment: First and Second targets hit!
+1 Reply
might just have a leg down to retest the 1.28 level now
would like to know your views on it
+1 Reply
Looks good... Personally i would look to take some profits off at the 1.2950 area! Nice post! Keep it up!
I hope you took note where i said this one would bounce? :)
Nice level, very interested to see what happens.
+1 Reply
Good one there
+1 Reply
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