TomProTrader

#USDCAD: Bulls Strong: Corrective/Impulse Rally To Be Seen!

FX:USDCAD   U.S. Dollar / Canadian Dollar
11
Traders,

The pair has supported on wedge structure/sideways support, and has seen clear bullish participation. Expecting a strong move up to the top of the wedge structure. If the pair breaks this level this could be a bullish impulse leg rather than a corrective rally. A good set up for the week ahead.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.