U.S. Dollar / Canadian Dollar

1.37950CADR
−0.00247−0.18%
As of today at 10:50 GMT
CAD
No trades
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U.S. Dollar / Canadian Dollar forum


USDCAD ⚡️ USDCAD Update

👀 The price has hit the downward trend line, and Tenkan has crossed Kijun. Despite the fact that the price has broken out of the cloud, Stochastic already indicates overbought conditions.

#TradeIdea

🔼 A breakout above 1.3810 will open the way to 1.3980;
🔽 A rebound from the trend line will start a decline in #USDCAD to 1.3730 and 1.3600.

❓ Up or down, guys? Let's discuss it in the comments⤵️








USDCAD "Buying looks more solid to me, because the liquidity below has already been swept. Now it’s likely aiming to sweep the top. PPI news later isn’t significant enough to change my view. I’m still going to enter a buy.
Snapshot

USDCAD Do you see that rejection off asian session high? Let‘s see how the 30m and hourly close. Fingers crossed