I marked GAP from daily chart. It seems like that the pair is treating this place as a good support(we can see nice combination of 200ema and GAP).
USDCAD is still in bearish trend and I expect that the trend will continue and the lowest low may be challenged.
USDCAD is still in bearish trend and I expect that the trend will continue and the lowest low may be challenged.
Trade closed: stop reached
Still good trade though in my opinoin
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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.