USDCAD, a setup for the bulls.
USDCAD / 1D
Greetings, fellow traders. Welcome back to another insightful market breakdown.
The USDCAD pair has encountered a setback in its attempt to breach previous lows, followed by a return within the established range. Anticipating further upward momentum, I foresee potential growth in price after a thorough examination of the last Support/Resistance (S/R) level.
My strategy involves initially awaiting a breakout from the current range, followed by a proactive approach during the subsequent pullback phase.
Wishing you safe and prosperous trading endeavors,
Trade safely,
Trader Leo.
Greetings, fellow traders. Welcome back to another insightful market breakdown.
The USDCAD pair has encountered a setback in its attempt to breach previous lows, followed by a return within the established range. Anticipating further upward momentum, I foresee potential growth in price after a thorough examination of the last Support/Resistance (S/R) level.
My strategy involves initially awaiting a breakout from the current range, followed by a proactive approach during the subsequent pullback phase.
Wishing you safe and prosperous trading endeavors,
Trade safely,
Trader Leo.
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