USDCAD New Bullish Trend Forming Long
U.S. Dollar/Canadian DollarFXCM
Description
⋅ - USDCAD has been in a bullish trend for months which broke in January.
- We now see a bullish trend which has formed since May
- Bullish on this pair up to the previous trend support point that confluences with R2
- At this point roughly 1.398 i expect a break confirming the bullish trend continuing OR further sharp selling retesting the S2 and possibly S3 level