Leo-btm

USDCAD, Multi-Timeframe Analysis

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD / Multi-Timeframe

Hello traders, welcome back to another market breakdown.

USDCAD is in a trading range on the Monthly chart. The price has rejected the lower band of the range which gives a long term bullish bais.

On the weekly time frame, the Price has broken from previous resistance. I'll be waiting on the daily time frame the mentioned level and see if I can get my entry creteria.

Trade safely,
Trader Leo.

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