KaltoireCapital

USD/CAD price outlook| Buy the dips

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
USD/CAD appears to have bottomed out. Currently, the bulls are waiting to break the 1.37 key area. There must some event like a risk-off situation in the market that will trigger the Bulls to break this area strongly.
Either way, price actions suggests that Bulls will break this area sooner or later.
So, the best way to trade USD/CAD is to start buying the dips with small position sizes.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.