Hello fellow traders. Focusing strictly on facts in the charts, USD/CAD has been oversold on a few indicators, a reversal was immanent as price eventually found support, and trends were broken, Daily MACD supports this. I'm expecting a retest to previous resistance levels to take profit.
Good luck out there! Let me know what you think might happen!
*This is a swing trade. May take a couple weeks, but I am expecting more bullish activity. Use proper risk management to approach this setup*
Good luck out there! Let me know what you think might happen!
*This is a swing trade. May take a couple weeks, but I am expecting more bullish activity. Use proper risk management to approach this setup*