I am looking down to the USDCAD pair looks bearish on 1 hour time frame if it will not hold, it will going low to test the daily 200Ma where we set the target to be at 1.29720 take proit.
Best of luck in your trades
Best of luck in your trades
Note
USDCAD couldn't hold to the uptrend, Now we are heading to test the daily 200Ma.Note
Now we are below the daily moving average the USDCAD can keep going lower to find a supportTrade closed: target reached
After reaching the target and had a lot of pips, we are turning high with a bullish reversal and expect taking profits from a chart as indicated.Trade active
It couldn't push higher and cut the moving averages but we are sitting into a support and still we are rally in this trade!
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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.