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forexwithfred1

USD/CAD - Long

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
forexwithfred1  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Fibonacci Candlestick Analysis candlestickpattern breakout
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supportandresistance fibonacci candlestick candlestickpattern breakout
USD/CAD to reach weekly resistance due to strong bullish trend

Bullish engulfing candlestick shows bullish sentiment reaching trend line resistance
Previous bullish engulfing showed strong bullish breakout
Daily support has been retested once again
Price has bounced off 0.382 level and has broken through 0.5 fib level
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