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RealistFX

USDCAD - EXPECTING A BOUNCE

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RealistFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
Technicals:

4hr Support
Daily resistance
Daily support
4hr 200ema
long term descending TL
short term bullish fib
cup and handle technical formation

Would expect a bounce here at current price to at least the previous highs at 1.24500

Too many confluences to ignore: handle of the cup has formed, 61.8% fib, 4hr support, 200ema
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