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USDCAD: Pullback from Key Level
U.S. Dollar / Canadian Dollar
Long
USDCAD: Pullback from Key Level
By VasilyTrader
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Dec 7, 2020
6
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Cheer
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22
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Dec 7, 2020
USDCAD reached a strong weekly structure based on 2017/18 price action.
The market looks very oversold after Friday's move.
On hourly the price has formed a double bottom formation as a confirmation signal.
Now pullback is expected.
Initial goal:
1.281
buy
canadiandollar
Chart Patterns
dollar
forecast
Forex
LONG
Technical Analysis
Trend Analysis
USDCAD
DJ FXCM Index
Wave Analysis
VasilyTrader
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