USDCAD Mid term long
Pair of interest for the week ⭐️
.
USDCAD is at a very interesting level currently. US dollar was building momentum over the last week until Friday when some breaking news led to a break in the momentum.
.
The CAD meanwhile took a correction from its recent strength which led the pair to range around 1.3150 - 1.3250.
.
I will be looking for buys through out the week if price can continue to stay above 1.3250.
.
Targeting 1.33 in the short term and on a longer basis 1.35 back to a common range.
.
Should moves progress below 1.30 with important news coming through the week trades will be closed and the outlook on the pair will be revised.
.
USDCAD is at a very interesting level currently. US dollar was building momentum over the last week until Friday when some breaking news led to a break in the momentum.
.
The CAD meanwhile took a correction from its recent strength which led the pair to range around 1.3150 - 1.3250.
.
I will be looking for buys through out the week if price can continue to stay above 1.3250.
.
Targeting 1.33 in the short term and on a longer basis 1.35 back to a common range.
.
Should moves progress below 1.30 with important news coming through the week trades will be closed and the outlook on the pair will be revised.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.