This pair was discounted from the high of 1.3795 when price became too high for the Bulls. Current price suggest a good level to long the USDCAD.
We will initiate a long position from 1.2887, if price manage to claim the immediate structural point of 1.2968 we should see further advancement in price towards 1.3457.
Trade with care.
Follow us on IG @charts247
We will initiate a long position from 1.2887, if price manage to claim the immediate structural point of 1.2968 we should see further advancement in price towards 1.3457.
Trade with care.
Follow us on IG @charts247