Quick long on the USD/CAD
With oil prices going to the floor, I am seeing no reason for any strength in the Loonie. Risk sentiment is recovering right now which should be USD supportive.
There is a NIce little demand zone right in the 38.2 pull back of today's rally on the 15m chart. I have a stop set below 61.8 and looking to take pips at the 127 extension. I am am in so we will see how she goes this afternoon.... It's Afternoon here in South Africa.
USDCAD
There is a NIce little demand zone right in the 38.2 pull back of today's rally on the 15m chart. I have a stop set below 61.8 and looking to take pips at the 127 extension. I am am in so we will see how she goes this afternoon.... It's Afternoon here in South Africa.
USDCADNote
Also there is a nice previous support level @1.3220 Therefore solid fundamentals and 3 technical reasons for the trade.
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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.