The US Dollar continues to show strength against the Canadian Dollar. Price closed firmly at 1.3700, signaling strong bullish momentum and potential continuation.
📈 Trade Idea: Long USDCAD
🔹 Entry: 1.3700
🔹 Targets:
First Target: 1.3800
Second Target: 1.3900
Extended Target: 1.4000+
Strong USD fundamentals, coupled with technical strength on higher timeframes, support further upside in this pair. Watching for bullish follow-through and potential breakout above recent resistance.
📈 Trade Idea: Long USDCAD
🔹 Entry: 1.3700
🔹 Targets:
First Target: 1.3800
Second Target: 1.3900
Extended Target: 1.4000+
Strong USD fundamentals, coupled with technical strength on higher timeframes, support further upside in this pair. Watching for bullish follow-through and potential breakout above recent resistance.
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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.