USDCAD has been trading in a rising wedge .
The price continuously getting respected by upper and lower boundaries.
Now the price has approached to lower boundary of wedge .
The bulls can show momentum at this level.
While there is also a horizontal support.
Once can wait for bullish candle formation on support for long position.
Manage your trades accordingly.
The price continuously getting respected by upper and lower boundaries.
Now the price has approached to lower boundary of wedge .
The bulls can show momentum at this level.
While there is also a horizontal support.
Once can wait for bullish candle formation on support for long position.
Manage your trades accordingly.
