Price of USDCAD touched the weekly pivot almost exactly at the point, where the pivot crossed the higher-lows-trendline. It might rise to around 1.36059 - which is around the level, where R1 is crossing the upper side of the linear regression channel.
Trade closed: target reached
nice move to the upside (as predicted), looks like there's resistance right below R1. Right time to take some profits before the weekend
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.