U.S. Dollar / Canadian Dollar

Long

USDCAD: Support and resistance.

By MarathonToMoon

Updated

Looks like there is still room to run, dollar is too strong.
Might touch the top resistance and take a breather.

Note

time to go to 1.38 and then 1.4

Note

we hit the 1.38.
On the way to 1.4

Trade closed manually

We hit 1.39
May take a breather now, stocks are recovering and dollar is resting for a while.
Historically November and December are bullish.
But we can still see some quick spike in USD and then go down to support for a while.

Happy trading.
Cheers

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