#USDCAD:+850 Pips Buying Opportunity, Ready To Launch!

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#USDCAD:+850 Pips Buying Opportunity, Ready To Launch! US Dollar vs. Canadian DollarFX:USDCADSetupsfx_🔺The USDCAD has fallen after reaching 1.42. The price has dropped approximately 350 pips due to the DXY’s bearish trend reversing. The price is likely to reverse and we are approaching a new week. 🔺During the new week the DXY could retrace from last week’s strong sell-off on the price index. CAD could be dominant and it is likely to touch our entry point before reversing. 🔺There are two take-profit targets with a total potential profit of +850 pips. There is a clear entry and stop-loss point. Use this as a guide to take a possible buying entry. 🔺Please use accurate risk management while trading USDCAD. We anticipate a strong bullish reversal. Entry criteria are strong bullish characteristics. If you agree with our idea please like and comment. We also encourage you to follow us for more information. The Setupsfx_ Team ❤️