USD/CAD analysis: trade analysis
Updated
price has rebounded the third touch around the trendline, we could expect further downside pressure towards 1.4300. Risk/reward of 1:2
-price retraced to retest trendline and is now creating lower highs and lower swings to the downside.
-price retraced to retest trendline and is now creating lower highs and lower swings to the downside.
Comment
re-entries on trade as targets were still reached
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.