USD/CAD- Long from 200ma/support
Hello,
Today I have entered USD/CAD. I have entered because the pair has been in a slight uptrend since the start of June. The price is currently being held up by the 200ma and has stalled around the 1.26351 support.
The trend-line running up from June was validated right before USD/CAD took off last week, and as a result this support should have our attention. A break here could see the pair retest the local highs.
Entry- 1.26157
Target- 1.28495
Stop loss- 1.25299
Good luck if you join
Today I have entered USD/CAD. I have entered because the pair has been in a slight uptrend since the start of June. The price is currently being held up by the 200ma and has stalled around the 1.26351 support.
The trend-line running up from June was validated right before USD/CAD took off last week, and as a result this support should have our attention. A break here could see the pair retest the local highs.
Entry- 1.26157
Target- 1.28495
Stop loss- 1.25299
Good luck if you join
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