Coldwarvet

Simple analysis of weekly candles

Long
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
1
Leads me to believe the long term uptrend is in place until soundly broken, around 127.7 this week (and rising about .4 cents per week) - the longer term ending diagonal runs at least a few more months. Shorter term, there hasn't been a touch of the bottom weekly support line since May/June, so there's a good chance that line will be tested in the next few weeks. Not a "pro" at this, YMMV.
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.