USDCAD Next week forecast

As oil has been rising, CAD gained power and showed bearish movement on UC. As you see on the chart, we are also at the demand level and seeing oil reaching resistance level, I am expecting UC to go higher next week.

Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.
Beyond Technical AnalysisChart PatternsTrend Analysis

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