USDCAD: Top-Down Analysis & Bullish Outlook 🇺🇸🇨🇦

Long

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Multiple Time Frame Analysis Double Top or Bottom Candlestick Analysis USDCAD DJ FXCM Index USD dollar CAD canadiandollar forecast Contains image

mtfa doubletoporbottom candlestick usdcad usdollar usd dollar cad canadiandollar forecast containsimage

snapshot

USDCAD reached a solid horizontal support this week.
The price formed a double bottom pattern on that on a 4h time frame,
bounced and violated a resistance line of a falling wedge pattern.

Probabilities will be high that the pair will bounce next week.
Goals: 1.355 / 1.358

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