Usdcaddaily
USDCAD to climb from upside confirmation, potential bounce! USDCAD to climb from its upside confirmation at 1.39645 where it could potentially bounce further to 1.40216.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.38802 where it could potentially react and bounce to its resistance at 1st resistance at 1.39610.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
On his way to the resistance #USDCADA very interesting pattern of support and resistance was created with 3 support points and 3 resistance points, because of our proximity to the support line and the margin we have until reaching the resistance line we recommend buying
The bullish trend supports our model
Target: 1.4120