TheTradersAvenue

USDCAD > Perfect Place for A Buy Entry!?

OANDA:USDCAD   Dollaro / Dollaro canadese
Analysis of #USDCAD

Hi traders, today we will have a look at #USDCAD


The USDCAD trend is o the upside as you can see on my chart, we can partially relate that to the weakness in the oil market.

looking at the chart you can see I have a clearly defined trend line trendline support lining up with the previous structure support zone which will be perfect to look for a buy entry with good reward to risk



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Thanks for your continued support!

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