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CJPointFX
Dec 30, 2021 3:25 AM

USDCAD Potential Buy @Support Long

USD/CADOANDA

Description

USDCAD has given us a nice pullback to support around the 1.27800 level, price broke through this level as resistance earlier this month and is now retesting it as support. With interest rate hikes coming in 2022 we can expect dollar bulls entering the market. This may be yet another pivotal moment to see USDCAD take another move to the upside
Comments
Riiv
Usdcad should sell really hard, looking to enter on the 12hr time frame for sell only. Audusd and gbpusd should start heading up and if it does then usdcad should drop really hard.
CJPointFX
@Riiv, We'll see I'm bullish on the dollar long term right now
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