Hi dear traders .
here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins .
so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair .
Thanks for your time please leave a like and comment if you found is useful .
Disclaimer :
please note that is my personal point of view about market ,please always take your trades responsibly .
here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins .
so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair .
Thanks for your time please leave a like and comment if you found is useful .
Disclaimer :
please note that is my personal point of view about market ,please always take your trades responsibly .
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