USDCAD buy trade idea 20 07 2021

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SL: 1.2745

TP1: 1.2795

TP2: 1.2815

TP3: 1.2835

Signal Analysis by LCMS Traders 

Currency Pair: USDCAD

BUY USDCAD 1.2775 

Timeframe: H1

Step 1 - Previous News: USD: -, CAD: -

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touch, slow turning

- Stochastic: H4 turned up

- PSAR: near bullish

Step 5 - Upcoming News: USD: Housing data 2030hrs, CAD: -

USDCAD buy trade idea 20 07 2021

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