BUY USDCAD 1.2542
SL: 1.2512
TP1: 1.2562
TP2: 1.2582
TP3: 1.2602
Signal Analysis
Currency Pair: USDCAD
BUY USDCAD 1.2542
Timeframe: H1
Step 1 - Previous News: USD: Preliminary UoM Consumer Sentiment strong decline in consumers’ confidence, CAD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 in over bought
- PSAR: bullish
Step 5 - Upcoming News: USD: -, CAD: -

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