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DLavrov

USDCAD Bullish Divergence

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
DLavrov  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD USD CAD
26
0
usdcad usd cad
Price bounced from the support level 1.3250 and MA100 on the daily chart. Bullish divergence gives a signal for opening long trades. Entry level is above 1.3315. Place stop orders below the support level. Profit targets are MA with period 100 and the resistance level 1.3400 based on the hourly chart.

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