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Trader6127

US dollar bullish but lagging against the Canadian dollar

Long
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
Trader6127  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD CAD USD ｆｘ
5
0
trendanalysis chartpattern indicator usdcad cad usd ｆｘ
We can see the US dollar has been gaining against the Canadian dollar for about a decade now. At the end of 2018 we had a break out from the bullish flag formation, but things are taking a bit more time to materialize as the breakout formed within the "no trade zone."

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