DeGRAM

USDCAD renewal/ Growth from strong support

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
The price moved as I said.
At first, it grew from support to resistance.
Then I started a new drop in the channel.
The price continued to fall and today I am updating the forecast.
During the fall in the channel, the price came to a strong support at 1.255.
This is the 2018 line.
I update the forecast and expect the price to rise from this line.
The target is 1.270.

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