USD Strength to come? Ichimoku USD/CAD Long Trade Setup

Panjang

Dolar A.S. / Dolar Kanada (FX:USDCAD)

FX:USDCAD Dolar A.S. / Dolar Kanada

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This pair has been holding it's bullish run, despite it being a bit slow to the upside. At the end of last week broke below tenken sen support so my eyes are now shifting to watch the price interaction at kijun sen. I am watching for a good support candle to form at or near kijun for a chance to get back long, aiming overall for previous price structure highs. I've drawn out some partial take profit levels along the way. If we fail to hold support at or near kijun sen, this setup may become invalidated.

Penafian

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