USDCAD – Pullback Level Profits, More Upside Projected (1hr chart)
In our Jan 12th members commentary, we talked about the bullish bias and wanting to get long on a pullback for the USDCAD. Our first level to get long was the 1.4188 level, and the market did just that pulling right back to it before taking off for almost +400 pips.
Congrats to the members who traded this and are up some serious pips and profits at this point.
For now 1.4305 becomes a MT pullback level while a potentially shallower area between 1.4415 and 1.4350. Upside I’m projecting much more for the USDCAD and am expecting 1.50 to be hit by end of Q1 or early Q2.
Only a …... Keep reading