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aiza_belle
Nov 5, 2016 7:41 AM

USDCAD Buy After Bounce @ 1.3381 Long

U.S. Dollar/Canadian DollarFXCM

Description

Still strong signals to buy USDCAD based on fundamentals (marketpulse.com/20161104/usdcad-canadian-dollar-dips-on-strong-us-wage-growth-report/) and technicals (dailyfx.com/forex/technical/home/analysis/usd-cad/2016/11/04/USDCAD-Technical-Analysis-Gravitational-Pull-To-CAD-Downside.html). Planning to go long after bounce up from 1.3381, with TP near 1.3456 and SL just a few pips from 1.3354.

1W:


1D:
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