Stop!Loss|Market View: USDCAD

2 באוק׳

🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️

Potential trade setup:
🔔Entry level: 1.39703
💰TP: 1.40349
⛔️SL: 1.39065

"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
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💬 Description: The price compression toward the 1.39500 resistance area indicates a potential upside breakout. Given the recent breakout of the 1.37305 - 1.38760 accumulation, a more significant upward movement to 1.4, 1.41, and then 1.43 is also expected. A conservative entry would be best looked for after the price immediately closes above 1.39500.

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Profits for all ✅

❗️Updates on this idea can be found below👇

3 באוק׳

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