Good morning! The following are the best positions in USD/CAD today: Daily chart (D1): Buy from the level of 1.3833 and up, or sell from the level of 1.2516 and down.
Four-hour chart (H4): Open long positions from 1.3833, or open short positions from 1.2952.
Hourly chart (H1): Enter the market by setting up a long position from 1.3833 upwards, or by a short position from 1.3599 downwards. However, they should be opened only at the closing of the hourly candle, otherwise, profit may be reduced, while expenses will increase.
For longs, stop loss should be at 1.3733, while profit is at 1.4133 For shorts, stop loss is at 1.3699, while profit is at 1.3299
