USDCAD: Uptrend should resume here finally

We have a good opportunity to take USDCAD longs at market price here. Risk a drop to 1.2758 which would nullify this push. Oil is most likely at a top, so I expect this to progress favorably for FX traders.
Risk 0.5%-1%.

Good luck!

Ivan Labrie.

Bình luận:

Good progress, holding.

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You can move the stop to 1.2858 and add to longs.

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Reentered long, stop 1.2921. It should go straight up from here.