Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2815). 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 41.
Take Profits:
TP1= @ 1.2880
TP2= @ 1.2930
TP3= @ 1.3000
SL= Break below S2
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. . . . . Please show your support back,
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Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
. There is a possibility of temporary retracement to suggested support line (1.2815). 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 41.
Take Profits:
TP1= @ 1.2880
TP2= @ 1.2930
TP3= @ 1.3000
SL= Break below S2
âĪïļ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ð LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
âĪïļ Your Support is very much ð appreciated!âĪïļ
ð Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
High Accurate AI-Generated forecasts for:
ð36 Forex Pairs
ð175 Cryptos
ð16 Stock & Currency Indices
ðGold,Silver,Oil,Gas
â Best Profitable Trading Strategies
â in 9 languages
â since 2007
FREE Telegram ð t.me/forecastcity_com
ð36 Forex Pairs
ð175 Cryptos
ð16 Stock & Currency Indices
ðGold,Silver,Oil,Gas
â Best Profitable Trading Strategies
â in 9 languages
â since 2007
FREE Telegram ð t.me/forecastcity_com