USDCAD may be onupside movement if it breaks its consolidation
USDCAD price action looks like it could potentialy go upside for some time.
We could see huge decline in previous weeks and we could see retrace for at least a broken trendline and daily resistance.
We can see that UC is ranging in green box and between two minor resistances.
For a clear upside movement i'm awaiting box + minor support break and retest (As you can see Arrows)
Upside target is 1.34000 area of Daily resistance (multiple touches from 2018).
Good luck and dont forget to trade carefuly guys.!
We could see huge decline in previous weeks and we could see retrace for at least a broken trendline and daily resistance.
We can see that UC is ranging in green box and between two minor resistances.
For a clear upside movement i'm awaiting box + minor support break and retest (As you can see Arrows)
Upside target is 1.34000 area of Daily resistance (multiple touches from 2018).
Good luck and dont forget to trade carefuly guys.!
Transaction en cours
Note
Trade fermée: cible de profit atteinte
We almost at our target. I'm taking partial profitsNote
There could be next possibility to jump into long
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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.