Get started
Profound_Ambition

USDCAD DAILY

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Profound_Ambition Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Supply and Demand USDCAD DJ FXCM Index caddollar Supply Zone breakout retest higherhighs
6
0
supportandresistance trendline supplyanddemand usdcad usdollar caddollar supplyzone breakout retest higherhighs
Price finally broke out of its downtrend channel after Thursdays news release with negative CAD numbers & positive USD employment numbers. A retest is now needed after strong bullish move breaking out of its downtrend, I am expecting another touch to the 50 fibonacci level / broken trend line to enter long. From there I believe higher highs & lows will be in the making !

Trade with care : )
Comment:
4 hour:
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.