⚠️USDCAD growth and trend breakdown
The price has been in a downtrend since March 2020.
In mid-March, it bounced off the strong support at 1.237.
After the growth from strong support 1.237.
Last week the price broke through the resistance at 1.256.
This is the March 2020 resistance line.
After rising from the line, the price corrected and consolidated towards the line again.
The price is at the point 1.252.
I expect that the price will continue to rise after consolidation.
The target is 1.278.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
In mid-March, it bounced off the strong support at 1.237.
After the growth from strong support 1.237.
Last week the price broke through the resistance at 1.256.
This is the March 2020 resistance line.
After rising from the line, the price corrected and consolidated towards the line again.
The price is at the point 1.252.
I expect that the price will continue to rise after consolidation.
The target is 1.278.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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