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Friday, January 15, 2021

USDCAD🇺🇸🇨🇦 to bounce from the Support

USDCAD🇺🇸🇨🇦 to bounce from the Support

USD/CAD OANDA:USDCAD

USDCAD🇺🇸🇨🇦 is bouncing from the support zone . Not surprisingly taking into account the Fed's Chairman Jerome Powell's words that "interest rates would not rise any time soon" (https://ift.tt/2LRSqt2).

Elaborating further from the technical perspective we see that the 10&20 EMA are turning upward altogether with the upcoming swing at the ROC 9 , thus it is a good time to long from here.



from Trading Ideas https://ift.tt/2XGY3gf
via gqrds

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