This trade is not valid to enter yet.

Entry:

Looking to go long on USDCAD. USD still hold bullish momentum fundamentally and our technical are also still aligning with upside pressure. If we see price retrace back to 1.37283, we will our long entry. However, if we see price aggressively move down below 1.36174 the trade becomes invalid.

Exit:

If we get our long entries in we will have a two TP setup, where first 50% will be covered at 1.38360 and the remaining 50% will be closed at 1.39622
Chart PatternssignalsTrend AnalysisUSDCADDJ FXCM IndexWave Analysis

Penafian