Buy USDCAD, trend reversal point 1.31093

31 Oca 2019

USDCAD Forecast: USDCAD after hitting the out last week target 1.31093, the pair has been trading at strong support 200MA and pair has respected the level multiple times, usd/cad is ready to go agian green with target 1.32314 in tomorrow with strict sloploss 1.30933 (closing basis), there is high probability long entry above the 200MA, whereas indicators like RSI and MACD are still not showing long entry but the strong support at 1.31109 the level which the pair has not broken two consecutive time suggesting trend reversal here. There is better long entry with short stop loss at 1.31090.