Cabana Capitals Blog Technical Analysis USDCAD is on the approach

USDCAD is on the approach

USDCAD is on the approach post thumbnail image

USDCAD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 1.3889, unless it runs out of momentum and pulls back to current levels.

Supported by Upward sloping Moving Average

Target: 1.3889 Entry: 1.3843 Stop: 1.3824

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