USDCAD Bounced from strong support area
Today USDCAD bounced from its strongest support area (1.192 - 1.211), it acted as a support for more than 4 years.
Now, we're inside a descending wedge pattern, don't take long position before we see a breakout.
My StopLoss is below 1.192 and i would be targeting up to 1.35
Now, we're inside a descending wedge pattern, don't take long position before we see a breakout.
My StopLoss is below 1.192 and i would be targeting up to 1.35
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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.