USD/CAD BUY - 30/10/2017

30 באוק׳ 2017
The price corrected sharply on Friday, but the move was on average volume, so we should consider it as a reversal signal. Moreover, there is a local uptrend and the support 1.2764 - 1.2777. So we need to wait for the resumption of the growth (especially after the test of the level) and then we can open long positions. A stop loss should be placed below the support level. A potential of the deal is 130 pips.

The bottom line: long positions are in priority.