USDCAD BUY: Weekly, Daily & 4hr

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USDCAD THESIS

- USDCAD W: Another wick rejection off 1.3495 and closed as a shooting star candle. Market structure still bullish.

- USDCAD D: Friday candle closed as a shooting star with a long wick rejection off 1.3495. Price is still trapped in rnage with market bullish. Next target 1.3410.

- USDCAD 4hr: Now waiting to see how price will react to 1.3415 level + ascending trendline and if it will hold. If level holds then we could see a huge rally up to 1.3495.

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