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ForecastCity_World
Jan 18, 2021 3:36 PM

💡 Don't miss the great buy opportunity in USDCAD Long

USD/CADOANDA

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2745). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 1.2800
TP2= @ 1.2835
TP3= @ 1.2875

SL= Break below S2

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Comments
carefulOwl22772
Learning from you. 👍 Thanks
ForecastCity_World
@carefulOwl22772, We wish you all the best with your trades.📈
sofi_Morphy
Awesome charting. Thanks for sharing your ideas with us.
ForecastCity_World
@sofi_Morphy, You're very welcome!
We hope you enjoy it.
Sir_Ray
thanks for the excellent tip
Kristalyn
I love your incredible idea 💐
Best_Forecast
I agree. i've already sold it.
ForecastCity_World
@Best_Forecast, Thank you for your comment.
Josef_anderson
I should always keep an eye on your ideas before making my own decisions.
ForecastCity_World
@Josef_anderson, Thank you for your comment.
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