Market Commentary: Buy USD/CAD

sarfarajpatel

Recruit
Messages
6
BUY USDCAD Entry 1.3404 TP 1.3500 SL 1.3354

After waiting for a week, this setup is ready to go while the news risk would be there

BCR above 50EMA - Up Trending so let's target the next S&D zone

usdcad 5-3.jpg

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sebking1986

Recruit
Messages
183
USDCAD is a tough one at the moment as both currencies are in the gutter and it's a battle of which is the worst one! I think CAD is losing this battle for the moment though for sure.
 

Nnn.h

Private, 1st Class
Messages
33
I think the max growth of usdcad in march was 1.46525. now i expect more rollback of pair. it is unlikely in the near future there will be news that can greatly affect the movement usdcad. i think the price will drop to 1.38806.
 
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