Foyez
Long

USDCAD Weekly Anaylsis

FX:USDCAD   U.S. Dollar / Canadian Dollar
Is very interesting that same set up and form is presented in both timeframes (weekly and daily) ,first looking at the weekly timeframe we can see a broken descending TL that was respected for over 2 years indicating how important this line was but now it has been broken making the price create a structure above it,2nd weekly impulse and also and a new weekly HH and if we zoom to the daily timeframe we can see the same pattern presented a daily and 4h structure formed after the breakout of the CTL so right now i would like to see a retest to the 1.3100 before it rises atleast to 1.3300.

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