USDCAD has formed a symmetrical triangle on its daily chart and is trading above the Breakout: 1.36685.
Stops are placed below the low previous to breakout.
Targets are based on the height of the symmetrical triangle using fibonacci ratios.
Powell and NFP coming today and tomorrow could confirm a bullish scenario for the pair.
Stops are placed below the low previous to breakout.
Targets are based on the height of the symmetrical triangle using fibonacci ratios.
Powell and NFP coming today and tomorrow could confirm a bullish scenario for the pair.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.