USDCAD 4HR Test Support Before Huge Breakout Higher
USDCAD could not 1.4000 and I do not expect it to hold today which is an important level in the short term. The 4-hour chart is showing us that it is in a bullish flag formation on a breakout.
The levels we must watch in mind are the following: 1.37865, 1.39588 - 1.40548, 1.42469, 1.43796
What do we have here?
✔️ Bull Flag Formation
✔️ USDCAD- Failed at Support Level
Thank you, Connor,
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The levels we must watch in mind are the following: 1.37865, 1.39588 - 1.40548, 1.42469, 1.43796
What do we have here?
✔️ Bull Flag Formation
✔️ USDCAD- Failed at Support Level
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.
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