USDCAD may rise 20 - 40 pips
Our preference
Long positions above 1.2570 with targets at 1.2620 & 1.2640 in extension.
Alternative scenario
Below 1.2570 look for further downside with 1.2555 & 1.2535 as targets.
Comment
The RSI shows upside momentum.
Our preference
Long positions above 1.2570 with targets at 1.2620 & 1.2640 in extension.
Alternative scenario
Below 1.2570 look for further downside with 1.2555 & 1.2535 as targets.
Comment
The RSI shows upside momentum.
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.
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.