USDCAD Flat surface breakout
Updated
USDCAD has made 128 pip monthly range and flat surface. Typically USDCAD average monthly range is about 400 pip therefore monthly extension is natural. Considering that we have flat surface above and breakout is imminent, extension most likely will be to the north reaching out minimum targets.
Comment
Flat surface broken
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.