SynergyCapital

USD/CAD Price Outlook:Has it bottomed?

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
After spiking to multi-year highs during March, USDCAD has given
up almost all it's gains. Price dropped below 1.30 a couple of weeks
ago.
Currently, USD/CAD is consolidating. Looking at the price action,
it looks like the next bullish impulse may happen very soon.

I am waiting for a pullback to happen before buying. I believe USDCAD
has a good potential to reach 1.38 or even 1. 40 before the end of the year.
📌✅𝐅𝐑𝐄𝐄 𝐅𝐎𝐑𝐄𝐗 𝐒𝐈𝐆𝐍𝐀𝐋𝐒 𝐈𝐍 𝐓𝐄𝐋𝐄𝐆𝐑𝐀𝐌 https://t.me/SynergyCapital
✅✅𝐉𝐎𝐈𝐍 𝐂𝐎𝐏𝐘 𝐓𝐑𝐀𝐃𝐈𝐍𝐆 |61% 𝐏𝐑𝐎𝐅𝐈𝐓 in September: https://www.forextime.com/strategy/SteadyGrowthPCT
Text me https://t.me/SynergyCap if interested

Comments

Nice trading plan.
+1 Reply
SynergyCapital ProCFDTrader
@ProCFDTrader, Thanks a lot
Reply
Yes, nice chart!!
Reply
Impressive work!:)
Reply
now testing another key resistance level ! more upside !

Reply
love your content !!
Reply
As a technical analyst, I will suggest for the price to come more lower in the area. I don't have a grt idea abt this pair, but I can tell u by reading the chart. So be careful with the longs. Gud luck!
Reply
Good outlook on this, I also see the bullish potential as well :) let me know what you think on this thank you
Reply
Solid view, buddy!
What do you think about my analysis?
Reply
Good work
Reply
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