Envious_

USDCAD Long Idea

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OANDA:USDCAD   美元 / 加元
USDCAD has aggressively collapsed for sometime now and it needs correcting as soon as possible. We can expect buyers to be coming in at full force to try and get USDCAD to test the next resistance area marked on the chart as that area has never been tested before in past week. My expectation is that price will continue to range for a longer period of time and then it will break through the range box and the fractal high to then come back down, retest the range box as a support then go back up. Hope this idea helps and good luck traders :)

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