Deleted

whats really going on with USDCAD and whats next

FX:USDCAD   U.S. Dollar / Canadian Dollar
8
Price just came back to its median fair value so current price action is really interesting. Price is getting close to reach a good target.

Just following up on this chart seeing this do not tempt me to go long. At this stage on this timeframe I will await the pullback and most likely trade that instead. There is still some fuel left in the tank tho so be careful jumping in going short just yet.

I will need to see a few more candles and follow up on this chart in order to see if price will head for its higher or lower fair value over all.

Subscribe to this posting to get updates on this pair and many others.

//
RolandV.
Goprotraders.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.