USDCAD is fighting with 1.32000 level

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USDCAD
The price is trading below the 1.32000 which is currently acting as a resistance for the bullish run. In one hour the price is also trading above the 50,100,200 exponential moving average is a clear sign of continuation of bull.

On volume profile the price is also above POC – Point of control. On Elliott wave pattern currently third wave is forming.

From sep low 1.2993& the uptrend trend line is holding this pair. At 1.31600 bullish engulfing candle is formed.

We can buy this pair at current level and the potential take profit will be 1.32700. SL may place below the trendline.

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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
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거래청산: 타겟 닿음
Target achieved with +100 pips 스냅샷
Candlestick AnalysisSupport and ResistanceTrend LinesUSDCADusdcadbuyusdcadforecastusdcadideausdcadlongusdcadsetupusdcadsignal

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