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USDCAD: Bullish Continuation is Coming?!
U.S. Dollar / Canadian Dollar
Long
USDCAD: Bullish Continuation is Coming?!
By linofx1
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4 days ago
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USDCAD has been in a long-term bullish trend. Since the middle of December, the pair has been consolidating within a horizontal range.
Last week, the price broke above the range's resistance. This violation will most likely trigger a trend-following movement.
The next resistance level to watch is at 1.4554.
Candlestick Analysis
Chart Patterns
Support and Resistance
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