USDCAD Forecast Idea

USD/CAD BUY @ 1.4015

TP1: 1.4068
TP2: 1.4100

SL: 1.3980

Trade Scenario: Price is bouncing from the key level near 1.4015, showing signs of bullish momentum. A sustained move from this zone is expected to target the local support-turned-resistance at 1.4068 and higher resistance levels.

Risk Management Tip: Risk only 1–2% of account equity; secure partial profits at TP1 and trail SL to breakeven to protect gains while targeting TP2.

Alternate Scenario: If price breaks below 1.3980, bearish momentum may resume toward 1.3940