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ChrisLaw1

USDCAD: Buy From Rising Trendline

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
ChrisLaw1  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators
3
0
trendanalysis indicator
The price has been bouncing off the rising trendline support which also aligns with the 100-moving average
As you can see, the price is also above the Ichimoku cloud indicating a bullish trend
I believe a rejection from this level could propel the price to the upside.
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