This is the hourly chart on USDCAD.
Here we can see that price broke outside of this H1 trend and if it goes above 1,2137 we will have a reversal.
This will confirm an upside direction and market reaching 1,2240.
At the same time we have a reversal candle on a Daily chart which also confirms this direction.
On a Monthly chart you can see that price is currently bouncing of a serious support.
Here we can see that price broke outside of this H1 trend and if it goes above 1,2137 we will have a reversal.
This will confirm an upside direction and market reaching 1,2240.
At the same time we have a reversal candle on a Daily chart which also confirms this direction.
On a Monthly chart you can see that price is currently bouncing of a serious support.
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