Bluewing

CAD/USD Short Term Bullish Channel?

Long
FX_IDC:CADUSD   Canadian Dollar / U.S. Dollar
0
This is my first entry into publishing, so forgive my inexperience. From a purely technical perspective, I would suggest that provided the short term channel support line is not breached, the CAD $ could advance to the longer term resistance line at roughly .835. Should it breach the short term channel support line then likely it will find its way to the the straight line support of .81. If that is breached the hello .802 at the longer term support line.. .Cheers!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.