USD/CAD Pullback on Dynamic Trendline and Bullish Continuation

Long

U.S. Dollar / Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar / Canadian Dollar

Trend Analysis Technical Indicators Fundamental Analysis USDCAD DJ FXCM Index CAD Forex forexsignals forexsignal forexn1 isoforex

trendanalysis indicator fundamental usdcad usdollar cad forex forexsignals forexsignal forexn1 isoforex

Yesterday, as per our idea, the USD/CAD experienced a pullback on the dynamic trendline that coincided with the 61.8% Fibonacci level. This occurred during a bullish trend, and today, the price may continue to rise, eventually reaching the 1.38/1.385 area. Therefore, we are expecting a long continuation.

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