USDCAD good support for growth

19 בנוב׳ 2020

My last predictions for this pair came true:
Last week the price managed to break through the support line (1.307).
After which she again returned to its limits.

Then the price began to grow, but eventually rolled back, fixing on the line.

And after that, we opened a buy signal, as the price began to rise from a strong support line.

It is now clear that the price will rise.
It continues to be on the line and even made a small false break.
However, it did not even come close to the boundaries of the SL of the past signal.

Breakout and return to the line - also indicate future growth (since the line is very strong)
I expect the price to rise from the support line to the resistance line at 1.338.

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