USDCAD Trend Analysis Week of April 1st
Weekly= Bullish.
Daily= Bullish.
4H= Bullish.
Weekly is in consolidation (Flag Pattern). Daily in bullish parallel channel.
1H bullish pennant breakout currently. Long-term expecting price to reach top of weekly consolidation/flag pattern (1.38800) then breakout to continue bullish movement to weekly zones. 1.41000 & 1.42000
Daily= Bullish.
4H= Bullish.
Weekly is in consolidation (Flag Pattern). Daily in bullish parallel channel.
1H bullish pennant breakout currently. Long-term expecting price to reach top of weekly consolidation/flag pattern (1.38800) then breakout to continue bullish movement to weekly zones. 1.41000 & 1.42000
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