What is next for USD/CAD?
USDCADCan USD/CAD continue the daily uptrend after hitting recent resistance around the 1.2950 area?
We are watching key support levels, EMA 21 indicator, and candlesticks for confirmation.
Daily Chart Notes: uptrend, hit recent resistance, then pullback to EMA 21.
4HR Chart Notes: Any break of recent support, especially SMA 200, then look for reversal pattern forming.
Monitor: Candlesticks forming
Assess: Direction of trend
Execute: Wait for signal for confirmation to execute.
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