USD/CAD Daily Forecast (9th July)

Updated
USD/CAD, correction is expected after a large march. RSI returns from the oversold zone, and with Fibonacci we can determine the target price for the correction. As always, I kept the great Risk-Reward ratio in mind.

What do you think about this trade? I welcome your feedback.
Trade closed: target reached
+50 PIP
CADForexTechnical IndicatorsintradaypriceactionprofitTrend AnalysisUSDUSDCADusdcadlongWave Analysis

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