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Friday, July 02, 2021

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

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

USD/CAD OANDA:USDCAD

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2416).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.

Take Profits:
TP1= @ 1.2446
TP2= @ 1.2481
TP3= @ 1.2529
TP4= @ 1.2572
TP5= @ 1.2591

SL= Break below S2

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