USDCAD Swing Trade Idea

7 Oca 2020

I've set this pending order in my support zone which i expect to turn to resistance and therefor reject price from the area. If we see downside and create a Lower low this will confirm that we are in a downtrend. My targets are inline with the 61.8 fib level from swing low to swing high formed in September. Target will be to aim for yearly lows with a trailing stop/