fionnablack

USDCAD are we there yet?

Long
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD turning into a long retracement seems a bit easy at the current price 1.29589. Waiting for the hourly to be oversold and a optimum low of 1.29368 would provide much better risk reward in case the move up is not as strong I would like. After all, it is NFP week so the move will likely be repeated even if I miss the entry.
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