Originally Posted by
mansurep
this is my analysis for USDCAD
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 1.3365 and the pair will continue to go up to the next resistance level at 1.3386
Copy support resisten
Resistent1 : 1.3362
Resistent2 : 1.3384
Resistent3 : 1.3357
Support 1 : 1.3317
Support 2 : 1.3298
Support 3 : 1.3355
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 1.3360 , stop loss at the level 1.3305 target take profit at the level 1.3385
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.