USDCAD Broken the downward trendline and Bullish
Following the oil drop and Poloz comments yesterday,
Canadian dollar has shown weakness which can persist till end of Feb. should oil price keep dropping.
Technically, USDCAD has broken downward trendline resistance on daily time frame.
Though in Weekly and Monthly time frames also I see bullish trend continuation.
I would re-enter buy on a pullback in 5-15minutes time frames
Please comment or share your view with me I will be glad to respond,
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Canadian dollar has shown weakness which can persist till end of Feb. should oil price keep dropping.
Technically, USDCAD has broken downward trendline resistance on daily time frame.
Though in Weekly and Monthly time frames also I see bullish trend continuation.
I would re-enter buy on a pullback in 5-15minutes time frames
Please comment or share your view with me I will be glad to respond,
Join our free telegram channel
t.me/Amberfxalert
The suggested SL on the chart is very small- my bad