Dollaro / Dollaro canadese
Long
Aggiornato

USDCAD Is Still Bullish

170
After the USDCAD had recently risen significantly, the exchange rate is now correcting. This healthy movement offers us the opportunity to enter a new long position in the bullish order block. The momentum in USDCAD is clearly pointing upwards in the medium to long term and retailer sentiment is decidedly bearish, which suggests a further bullish impulse.
A bearish order block just below the recent highs would be a good price target for a long trade.
Ordine annullato
Cancelled, because the potential TP was reached before the entry price.

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