USD/CAD Finally Bouncing?
🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸In case of a breakout of the Ascending Trendline, we consider that it has potential of moving towards the Resistance Zone.
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🔸And, in case of a break of the Support Zone, the next bearish target is the next Support at 1.3200.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Daily Support Zone.
.
🔸In case of a breakout of the Ascending Trendline, we consider that it has potential of moving towards the Resistance Zone.
.
🔸And, in case of a break of the Support Zone, the next bearish target is the next Support at 1.3200.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
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