Cabana Capitals Blog Technical Analysis A potential bullish movement on USDCAD

A potential bullish movement on USDCAD

A potential bullish movement on USDCAD post thumbnail image

A Channel Up pattern was identified on USDCAD at 1.36394, creating an expectation that it may move to the resistance line at 1.3674. It may break through that line and continue the bullish trend or it may reverse from that line.

Supported by Upward sloping Moving Average

Target: 1.3674 Entry: 1.3639 Stop: 1.3618

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