SamKent

USD/CAD Long Opportunity

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
4
The USD/CAD is looking to trigger a bullish entry for us on the 1H chart. We're looking at the 61.8% support continually holding up thus far, coupled with a slight bullish RSI divergence, an cross-back from oversold stochastic in an overall bull market, and finally a potential upward break of a descending trend-line. Due to all these reasons, we're interested shorter term buyers, looking for a move up towards the triangle's descending trend-line.

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