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JoeChampion

USDCAD Breakout and Potential Retrace

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JoeChampion  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Fundamental Analysis USDCAD USD CAD buy LONG Bullish Patterns Technical Analysis Contains image
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trendanalysis beyondta fundamental usdcad usd cad buy long bullish technicalanalysis containsimage
Hey Traders, USDCAD was trading in a downtrend and successfully managed to break it out after some hawkish comments about the monetary policy that have triggered USD strength. in today's trading session we are going to be watching a potential retrace of the trend from 1.335 support and resistance zone towards previous highs.
Trade safe, Joe.
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