USDCAD: Potential Bullish Scenario Explained 🇺🇸🇨🇦

Long

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

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Triangle Wave Analysis Trend Lines USDCAD priceaction swing swingtrading swingtrader swingtradingsetup swingtrade Contains image

triangle waveanalysis trendline usdcad priceaction swing swingtrading swingtrader swingtradingsetup swingtrade containsimage

snapshot

USDCAD is forming an ascending triangle formation on a daily.
1.3224 - 1.3244 is its horizontal neckline.

If the price breaks and closes above that on a daily,
it will be a strong bullish signal.

A bullish continuation will be expected at least to 1.335 then.

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