justatrader

USDCAD preparing for the up trend

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is currently seen falling back to 1.3200 support level, which was previously the resistance level of the ascending triangle pattern. A reversal near 1.3200 - 1.3100 will signal further upside for a minimum objective towards 1.3800 (1.3900 target of the ascending triangle).
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