USDCAD, Can the bulls take it from here

USDCAD / 1D

Hello traders, welcome back to another market breakdown.

USDCAD is trading in a bullish trend. The price now is having a deep-pull-back which I think is a good opportinity to long for a swing trade.

The price is around the breakout point which very often acts as support. I'll be looking for a reaction from this level.

Tarde safely,
Trader Leo

Kommentera:

No confirmation yet. Also Macro doesn't support the idea now due to OPEC cutting Oil production.