From last week price movement, USDCAD was on an uptrend at the start of the week. Now, right after monday's close i knew that USDCAD was pretty much going to consolidate for a while and then drop which has happened just as i anticipated. USDCAD has now find confluence in the mid 1.3100's and it's now preparing to go higher even taking out the previous high. I do see a descending trend line, below which price is currently trading at the moment. However i do see USDCAD breaking that trendline, retesting it and then going higher. Currently i am already in this trade, at the moment and i can possibly open another position once price has broken above the trendline.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.