HELLO TRADERS
Before talking about USDCAD we will first take a look at dollar index DXY
DXY has been been very bullish recently and is now correcting to a strong resistance we expect continuation higher on the retest
bullish DXY means bullish USDCAD
(see DXY chart below)
now back to USDCAD
after a bullish run, breaking and retesting a strong resistance we expect a continuation higher @ 1.354
BREAK BELOW 1.352 WILL INVALIDATE THIS IDEA
GOODLUCK
Before talking about USDCAD we will first take a look at dollar index DXY
DXY has been been very bullish recently and is now correcting to a strong resistance we expect continuation higher on the retest
bullish DXY means bullish USDCAD
(see DXY chart below)
now back to USDCAD
after a bullish run, breaking and retesting a strong resistance we expect a continuation higher @ 1.354
BREAK BELOW 1.352 WILL INVALIDATE THIS IDEA
GOODLUCK
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.
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.