USD/CAD - Possible Reversal
USD/CAD - Daily Chart -
We can see two potential long term price paths on this pair. We've seen a double bottom formation coinciding with a key psychological whole level in price (1.27). We could dip to test this level again or continue the upward momentum following a strong bullish candle yesterday. The blue highlighted zones represent key levels in the market.
Happy Trading!
We can see two potential long term price paths on this pair. We've seen a double bottom formation coinciding with a key psychological whole level in price (1.27). We could dip to test this level again or continue the upward momentum following a strong bullish candle yesterday. The blue highlighted zones represent key levels in the market.
Happy Trading!
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