SELL USDCAD 1.2308
SL: 1.2338
TP1: 1.2288
TP2: 1.2268
TP3: 1.2248
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
SELL USDCAD 1.2308
Timeframe: H1
Step 1 - Previous News: USD: -, CAD: -
Step 2 - Trend: Up to Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both turning
- Stochastic: H4 in over bought
- PSAR: near bearish
Step 5 - Upcoming News: USD: FOMC Member Bowman Speaks 2100hrs, FOMC Member Bostic Speaks 2300hrs, Flash PMI data 2145hrs, New Home Sales2200hrs, CAD: Canadian retail sales 2030hrs
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