ForexWeeklyAnalysis
Long

Long USD/CAD around low 1.09XX region

FX:USDCAD   U.S. Dollar / Canadian Dollar
164 4 2
Low 1.09XX region represents the low of February and a nice round number as well.
Consider exiting if price closes below 1.09.
I don't really have a target in mind so I suggest using a trailing stop loss on this one if/when it runs.
Is there any possibility to go up from here?
Reply
There's always a possibility lol but it doesn't look good right now considering the daily candle just closed below the major support level of 1.09. I already got stopped out so I'm not in any rush to get back in right now, the next major level of support is down at the low 1.07 region.
Reply
My long filled this morning at 1.0915, stop loss currently set at 1.0885.
Reply
ForexWeeklyAnalysis ForexWeeklyAnalysis
Stopped out
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out