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Thursday, July 15, 2021

USDCAD | Potential Buy Opportunity?

USDCAD | Potential Buy Opportunity?


Hello everyone, it appears that USDCAD is reversing into the upside and potentially heading toward . If that's the case it'll hit the Fibonacci Retracement "Golden Zone". After a huge sell-off, it's possible that USDCAD is now correcting itself which means there could be many potential buying entries coming up!

What do you think? Do you agree or disagree with this quick market analysis? Let me know in the comments!

DISCLAIMER: I am not a financial advisor nor an expert. This is simply my opinion on Forex so please trade at your own risk. If you are trading please be sure to use the proper risk management and use proper analysis!

from TradingView Ideas
via gqrds

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