USDCAD Bullish Trend: Key Level to Watch for Buy Opportunity

kemarin

USDCAD is currently in a bullish trend.

For it to continue moving higher, it must hold the Monday low, which will create a swing failure. Once it starts holding this level as support, I’ll be looking to buy where the arrow is marked.

That arrow is my go-to signal to enter the trade. If the price breaks below the Monday low, I’ll close the position manually.

Stay tuned for more updates and FOLLOW ME for the next moves!