VIDEO TRADE: TRADING THE RETRACEMENT...USDCAD
In this video update, we talk about USDCAD entering a support zone with the potential of a retracement.
Price on the daily chart formed a bullish low test candle showing buyings re-entered the market. Currently,
price is re-testing a minor support area on the 1hr chart and could move higher in line with the
daily retracement into the resistance of 1.32000.
Price on the daily chart formed a bullish low test candle showing buyings re-entered the market. Currently,
price is re-testing a minor support area on the 1hr chart and could move higher in line with the
daily retracement into the resistance of 1.32000.
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