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USD/CAD LONG FROM SUPPORT

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Dolar A.S. / Dolar Kanada (FX:USDCAD)  
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FX:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Wave Analysis USDCAD LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

The BB lower band is nearby so USD-CAD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.354.

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Penafian

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