Cabana Capitals Blog Technical Analysis Should we expect a bullish trend on USDCAD?

Should we expect a bullish trend on USDCAD?

Should we expect a bullish trend on USDCAD? post thumbnail image

The last 4 30 Minutes candles on USDCAD formed a Ascending Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 1.3933.

Supported by Upward sloping Moving Average

Target: 1.3933 Entry: 1.3887 Stop: 1.386

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post