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U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD Long zone

71
Looking for a push to the upside from the 125 area or a clean break out from yellow line - targets as per arrows
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1st target reached moved - collect and move to break evens - looking for swing low back to 119500 area and then a BIG swing up
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trail stops under daily candle low and aim for the target line at 68 fib. Direction on higher TF is unclear whether price will post 1.19 area before hitting 135 1st

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A very sketchy longer term swing points

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2nd target reached - move stop under todays low and follow

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Trade closed: target reached
fiab
longsetupSupport and ResistanceUSDCAD

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longsetupSupport and ResistanceUSDCAD
fiab

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.