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Rayyan_2805

Possible Long for USDCAD

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Rayyan_2805  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns usdacd usdcadlong usdcadforecast usdcadanalysis usdcadbuy usdcadsignal signals accurate
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trendanalysis indicator chartpattern usdacd usdcadlong usdcadforecast usdcadanalysis usdcadbuy usdcadsignal signals accurate
Possible long for USDCAD. Price has been moving above the 200 EMA and the 50 EMA for the last few months and has stayed with an ascending trend line channel, indicating a long bias overall. Price has also recently been in a parallel trend line channel for the past few weeks and I am predicting that It will continue to go on and create another swing high/higher high. The price has also broken a local resistance zone turning it into support. USDCAD
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