USD/CAD Analysis

U.S. Dollar/Canadian DollarFXCM

الوصف

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*** USD/CAD - Our long trade played out successfully last week from the 2055 zone. Price tried to break through strong resistance at 2200 but failed.

We expect the price to rise from the buy/demand zone and will not be placing stops around these levels. What do you think will happen?

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Thanks for your continued support!

Brian Kenya Horton, BK Forex Academy

التعليقات

Pauly12345123

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I think it will push to new lows maybe a small pullback sell, oil, commodities, good vaccination all points to sell.Still a risky play.

BKTradingAcademy

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@Pauly12345123, I agree! I'm more interested in going long and will be patiently waiting :) Thanks for sharing!

Pauly12345123

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@briankenyahorton, Lets get in at par and we will be ritch I have my buy order set already .1 lots every pullback to the top good luck.

المزيد