USDCAD Breakout and Potential Retrace
Updated
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36900 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.36900 support zone.
Trade safe, Joe.
Trade safe, Joe.
Trade active
USDCAD is approaching the retrace area meanwhile fed's Bowman warns about upside inflation risks!
Join our telegram Channel for daily market updates t.me/JoeChampionChannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.