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EliteTradingSignals

USD/CAD LONG FROM SUPPORT

Long
Dollar Américain / Dollar Canadien (FX:USDCAD)  
EliteTradingSignals  
FX:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Chart Patterns Wave Analysis USDCAD LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

USD-CAD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.346 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the USD/CAD pair.

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