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Usdcaddaily

USD/CAD slumps after hawkish BOC event, but a recovery is likelyYesterday, BOC was more hawkish in their statement than expected. Quite naturally, the Canadian Dollar appreciated against almost all the major currencies. USD/CAD also took a hit and dropped more than 180 pips after the event. However, you can see the price has been consolidating in a support level. Chances are, this support level will hold and price will make a decent recovery. So, a buy trade between 1.2470-1.2501 with SL below the support and TP at 1.2650 is quite possible.
Long
by MarcellusLUX
17
USD/CAD - It will be a good opportunity to open long position🔥The sixth time the price is trying to break the resistance line. It's starting to work out a little bit. I expect an entry point after retest. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
15
USDCAD Growth from the level of USDCAD Growth from the level of ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast.
Long
by QuantumLabSignals
2