USD/CAD at the support level, buy the bounce
USD/CAD is currently at the previous low from where it can potentially
bounce up to the resistance at 1.2650.
Today's daily candle will be important. If we get a bullish candle at the current
level, then the possibility of a uptrend in the next few days will increases.
Based on bullish price action, traders can buy USDCAD@1.2385-1.2400 with
SL below 1.2310 and TP at 1.2650.
bounce up to the resistance at 1.2650.
Today's daily candle will be important. If we get a bullish candle at the current
level, then the possibility of a uptrend in the next few days will increases.
Based on bullish price action, traders can buy USDCAD@1.2385-1.2400 with
SL below 1.2310 and TP at 1.2650.
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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.
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.