USD/CAD – Week 25 – The start of a bullish phase.
Updated
As we were expecting in our previous analysis, the US Dollar broke out of the channel and gained even more bullish momentum compared to the Canadian Dollar.
For this week we expect the price to make a pullback towards the support and range for a while before resuming the bullish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week we expect the price to make a pullback towards the support and range for a while before resuming the bullish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: target reached
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