As you can see on the chart , support and resistance are marked and future targets for the buyers .
I will try to buy the retest of support zone ( marked in yellow ) or the trendline - depends where the reversal will be created.
If USDCAD will continue its uptrend it might be a nice low risk and high reward buying spot.
Best of luck :-)
I will try to buy the retest of support zone ( marked in yellow ) or the trendline - depends where the reversal will be created.
If USDCAD will continue its uptrend it might be a nice low risk and high reward buying spot.
Best of luck :-)