💡 Don't miss the great buy opportunity in USDCAD

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.273). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1.2835
TP2= @ 1.2930
TP3= @ 1.2988
TP4= @ 1.3080
TP5= @ 1.3170

SL= Break below S2

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CADcanadadollarChart PatternsdollarTechnical IndicatorsTrend AnalysisUSDUSDCAD

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