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U.S. Dollar / Canadian Dollar
Long

Going long on the USDCAD

By mosaad2
Updated
the pair is oversold , with oil overbought and other commodity currencies OB as well. USDCAD retraced to the 0.618 % which support a light sized long , anticipating a correction to the 2600-2650 Im long on this pair , 2380 .
Note
Sl moved to b.e
Trade closed manually
Trade closed
Trade closed manually
Trade closed as mkt sentiment is so inclined toward a rate hike.
I prefer staying on the sidelines till the decision day to get a clearer picture of the next trend
Chart PatternsTechnical IndicatorsTrend AnalysisUSDCAD
mosaad2

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