USDCAD Weekly Breakdown
On the weekly we see a nice impulsive breakout with an expected pullback to a very strong 38.2% confluence zone. If price is able to hold above this zone USDCAD should see further highs.
Overall longer-term bias -- Bullish
Follow for more updates on this pair going into the week ahead.
Happy Trading!
On the weekly we see a nice impulsive breakout with an expected pullback to a very strong 38.2% confluence zone. If price is able to hold above this zone USDCAD should see further highs.
Overall longer-term bias -- Bullish
Follow for more updates on this pair going into the week ahead.
Happy Trading!
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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.
Related publications
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.