ThinkingAntsOk

"USDCAD starting a Long Term Bear Movement?" by ThinkingAntsOk

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Daily Chart Explanation:

- Price broke the Ascending Channel in which it was in since 2017.
- Price may have potential to go down towards the Support Zones.

Weekly Vision:

However, we found out that the Weekly Ascending Trendline have not been broken yet. That why we are waiting for a confirmation before taking long term positions.

UPDATES COMING SOON!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.