setup of the week
what sup traders ,who is up for this swing play on USDCAD
with price stuck in a range on the daily timeframe and
have rejected the resistance for the third time. price
found a support at the mid range ( 1.26300 ) and then
retraces.
now price is back at the midrange zone again, so watch
out for a bounce or break of the zone.
if price bounce then the upward target will be 1.28100
but if price break through then the downward target
will be 1.25000
WISH YOU"LL A GREAT TRADING WEEK.
with price stuck in a range on the daily timeframe and
have rejected the resistance for the third time. price
found a support at the mid range ( 1.26300 ) and then
retraces.
now price is back at the midrange zone again, so watch
out for a bounce or break of the zone.
if price bounce then the upward target will be 1.28100
but if price break through then the downward target
will be 1.25000
WISH YOU"LL A GREAT TRADING WEEK.
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