USD / CAD POTENTIAL BULLISH OPPORTUNITIY.
DESCRIPTION:
As we can clearly see USD / CAD in a simple trading feature has broken the very strong resistance on a very strong weekly TF.
The pair has retested the broken area then rapidly moved up ( break and retest ) as we understand it , giving us further indication that this is no fake out or there is potential to look for bullish gain.
200 and 50 EMA are below the range further solidifying for this pair momentum.
Lastly again a demand zone after break and retest has also been broken and the price again went up , giving us a extra strong hint of price future direction.
A potential to go long is there , I will be looking to enter on smaller TF , on given opportunities.