USDCAD 30min Analysis March 1st, 2020

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Trade Scenario 1: Bullish - Price is finding minor support around 1.2680. For us to go long we want to see price break above 1.2700. We will then wait for a retrace and for 1.2700 to act as support. Enter on strong bullish setups, first targeting 1.2740

Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2680. We will then wait for a retest and for 1.2680 to act as resistance. Enter on strong bearish setups, first targeting 1.2620.

Aviso legal

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