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USD/CAD mixed outlook

Traders look to get long at 1.2370 Expectation for gains back towards the tenkan line at 1.2511 Solid support between 1.2353/1.2360 Feb 3/17 lows should strengthen Substantial downside risk seen Tenkan & kijun lines are …

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USD/CAD mixed outlook
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  • Traders look to get long at 1.2370

  • Expectation for gains back towards the tenkan line at 1.2511

  • Solid support between 1.2353/1.2360 Feb 3/17 lows should strengthen

  • Substantial downside risk seen

  • Tenkan & kijun lines are aligned negatively

 

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