USDCAD: Bullish Accumulation & Our Plan ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ฆ

snapshot

Hey traders,

It looks like buying volumes are accumulating on USDCAD.
With a recent higher low formation the market is preparing for a breakout of 1.259 - 1.261 resistance cluster.

To catch a bullish swing, wait for a bullish breakout of the underlined yellow area.
That will be our trigger to buy.

Next resistance will be 1.278

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canadiandollarChart PatternsForexTechnical AnalysisTrend AnalysisUSDCADDJ FXCM IndexWave Analysis

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