the5erstrading

Swing key levels USDCAD 19/04/18

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
The last rally in the USDCAD has changed the bearish momentum

To bullish, at the moment it seems the price tends to reach the supply

Above, the demand below is a great continuation level of buy position,

if the price will back to this level I'll buy there, my target will be the supply

Above which is also a great level of sell position.
Comment:
The price is getting close to hit the supply, it's a great level of sell position

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