Technician
Long

USDCAD: Bullish rebound likely!

FX:USDCAD   U.S. Dollar/Canadian Dollar
535 0 4
The price had an impressive rebound on Thursday and Friday, ending the week almost even after the earlier strong sell-off. That rejection hints renewed bullish potential, as price formed a weekly pin bar candle at a previous high and support level. I will look for long opportunities over the lower time intervals targeting 1.1060 then 1.1180. A break below 1.0853 will negate the expected short term bullish bias.

Good luck, join me at:
https://twitter.com/thefxchannel
thefxchannel.com
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out