Trading Plan #USDCAD (LONG)
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The pair is consolidating in the support zone, which is in the area of 1.27296-1.26957 from this zone, I would consider buying the pair with the goals of local support in the area of 1.27938, then retesting the support zone and further growth of the pair towards the targets 1.29978-1.30451
An alternative variant of the outcome of events is the update of the past minimum to the 1.25953 area and from there you can also consider buying a pair with the goals that I mentioned earlier
DISCLAIMER:
The author's opinion may not coincide with yours! Keep this in mind and consider your trading transactions before making a trading decision.
The pair is consolidating in the support zone, which is in the area of 1.27296-1.26957 from this zone, I would consider buying the pair with the goals of local support in the area of 1.27938, then retesting the support zone and further growth of the pair towards the targets 1.29978-1.30451
An alternative variant of the outcome of events is the update of the past minimum to the 1.25953 area and from there you can also consider buying a pair with the goals that I mentioned earlier
DISCLAIMER:
The author's opinion may not coincide with yours! Keep this in mind and consider your trading transactions before making a trading decision.