Monday, May 20, 2013

USDCAD Long Trade

myfxvoyage.blogspot.com USDCAD Long Trade
USDCAD H4
Recent USD strength should continue - thats what some analysts are predicting. In a time when Gold is losing its shine, USD should be the favourable currency. 

Coming to USDCAD, I see a long trade opportunity coming up after break of daily trendline. Looks like price will pullback towards the trendline and then will bounce from there. And thats where I plan to go long as well. 


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