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Wednesday, April 07, 2021

๐Ÿ’กDon't miss the great buy opportunity in USDCAD

๐Ÿ’กDon't miss the great buy opportunity in USDCAD

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.25400).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.

Take Profits:
TP1= @ 1.27350
TP2= @ 1.28300
TP3= @ 1.29550
TP4= @ 1.31000
TP5= @ 1.34200

SL= Break below S2

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