美元/加元
做多

Weekly chart shows the possibility of a big long in USD/CAD

3 049
USD/CAD has been dropping relentlessly over the past few weeks.
However, the downtrend has slowed down and a reversal might be on the corner.

Price is currently at the multi-year lows near 1.2080 from where a reversal might
take place.

A long entry between 1.2050-1.2100 with SL below 1.20 and TP at 1.25 is an attractive
buy set-up provided some bullish price action happens in the lower TFs.

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