USD/CAD May Rise
#trading_idea #USDCAD
🇨🇦 USD/CAD - Outlook
On the hourly chart, an Ascending Triangle pattern is forming. The price is testing the resistance at 1.3499. The Bulls & Bears and MACD indicators suggest a possible continuation of the pair's upward movement.
🔼 If the price break through the resistance 1.3499 the further rise to the resistance 1.3515 is possible.
🔽Alternatively, the price may decline de to the support zone 1.3489 - 1.3480.
😎 Hit "👍" if you believe the price will rise and "👎" if you think it's slide.
➡️GET $20,000 JUST FOR $99
🇨🇦 USD/CAD - Outlook
On the hourly chart, an Ascending Triangle pattern is forming. The price is testing the resistance at 1.3499. The Bulls & Bears and MACD indicators suggest a possible continuation of the pair's upward movement.
🔼 If the price break through the resistance 1.3499 the further rise to the resistance 1.3515 is possible.
🔽Alternatively, the price may decline de to the support zone 1.3489 - 1.3480.
😎 Hit "👍" if you believe the price will rise and "👎" if you think it's slide.
➡️GET $20,000 JUST FOR $99
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.