Get started
MyBtcZoneOfficial

USDCAD analysis

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
MyBtcZoneOfficial  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand
3
0
trendanalysis supportandresistance supplyanddemand
USDCAD Analysis: USDCAD made impressive recovery and made 170 pips upside move, reached my predicted level. Currently price at 1.23065 resistance level. If price breaks this level and 1.23842 level, pair will possibly continue long term bullish trend. I will be taking buy trade once price makes retrace to 1.21738 support level or breaks resistance.
My bias is bullish owing to healthy bullish candles and market structure.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.