USDCAD Bullish Move Forecast
Updated
We could be looking at a possible USDCAD bullish reversal after tomorrow's CPI m/m news release.
There are signs of rejection from the support area. This could be a premature move or inducement for taking out stops before moving up.
My profit target will be the recent structure high.
There are signs of rejection from the support area. This could be a premature move or inducement for taking out stops before moving up.
My profit target will be the recent structure high.
Trade active
Note
70% partial profit can be secured at this point. You can continue to hold but breakeven if you have to.
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