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Hotsprit
Jul 27, 2021 11:24 PM

USDCAD: thank Short to 1.2450-1.2470 and then long to 1.2800 Short

U.S. Dollar/Canadian DollarFXCM

Description

On daily, USDCAD is going to touch 1.28.
However based on market psychology and in order to active stop losses there will be a false rise above 1.26 and after that price will drop toward fib support of 1.2450 and then continue its increase to 1.2800.

Personal idea! Trade on your own risk!


Comments
Verkaas
very precise
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