U.S. Dollar / Canadian Dollar

Long

USDCAD: Uptrend should resume here finally

Updated

We have a good opportunity to take USDCAD longs at market price here. Risk a drop to 1.2758 which would nullify this push. Oil is most likely at a top, so I expect this to progress favorably for FX traders.
Risk 0.5%-1%.

Good luck!

Ivan Labrie.

Note

Good progress, holding.

Note

You can move the stop to 1.2858 and add to longs.

Note

Reentered long, stop 1.2921. It should go straight up from here.

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