USDCAD Market Outlook | Daily Forex Market Breakdown
USDCAD
We have seen a very strong breakout to the upside. Definitely don’t want to be trading against that. I believe we could be seeing some good long opportunities for us, but first we need to wait and see how low we are coming to push before reversing back to the upside. Watching close to see if we’re going to make a higher low giving us a clean entry for a long.
We have seen a very strong breakout to the upside. Definitely don’t want to be trading against that. I believe we could be seeing some good long opportunities for us, but first we need to wait and see how low we are coming to push before reversing back to the upside. Watching close to see if we’re going to make a higher low giving us a clean entry for a long.
