USDCAD: Update & Bullish Forecast
USDCAD finally broke the resistance line of a bullish flag pattern on 4H.
Taking into consideration that the pair remains bullish since 25th of February,
chances are high that the breakout will trigger a strong swing move.
Right now the price is retesting the broken channel,
consider the blue zone for your entry.
First goal - 1.2735
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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.