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Long $USDCAD above 1.3300
Hello Sophisticated Trader,
Our last analysis was over 300+ in gains, now the USDCAD has found some support and is due for a bounce. Currently, closing back above1.3400 suggests a potential test of 1.3500 and a potential test of 1.3700, oversold conditions also support this and only a close below 1.3330 would negate this bounce.
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Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know to be a profitable trader.
Our last analysis was over 300+ in gains, now the USDCAD has found some support and is due for a bounce. Currently, closing back above1.3400 suggests a potential test of 1.3500 and a potential test of 1.3700, oversold conditions also support this and only a close below 1.3330 would negate this bounce.
Like, Comment, and Follow.
Let's Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know to be a profitable trader.
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