USDCAD: USDCAD broke resistance line at 1.2175, and respected nicely, started fresh bull rally, now became support level. i tried to draw bullish trend channel (without higher low), looking for long setup 1.2182,on lower level or trend channel.
it looks good for long setup, at newly formed support: 1.2175 (it could be big bet for marathon)
*trade channel based on hourly chart.
Technical- Based on S/R and trend channel : - Next Resistance: 1.2246 - Support: 1.2175 (best buying price)
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Trade attivo
SL move to 2.1785
Trade attivo
Trailing SL hit, Level testified as strong support, respected 4 times in very short time period.
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