USDCAD | THIS TRADE COULD BE A GOOD BUY

Long

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

FX:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis chartpattern indicator usd cad usdcad trading idea signal signals

Hello Traders,

#USDCAD at the moment is in a weird predicament everything is a trending towards the upside except the monthly timeframe, but since it keeps making new higher highs and giving us bullish engulfing candle + its not far off moving averages it does suggest more bullish pressure and momentum.

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