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FX_Elite_Club
Mar 7, 2024 10:52 AM

USD/CAD Can We Expect The Next Move On This Pair ?! Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCDAD is a hard pair to expect its next move, but now we have this nicely respected up trendline. if we look at the trand line and put our fib tool we will see that we are near the trend an also near the fib 61% and 71% FIB levels.
all we can do now is to wait for a bullish price action around our 2 point ( fib level, trendline ) and from there we can enter a buy trade on this pair.
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