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Mo_Rashid

High probability for a LONG opportunity on USDCAD

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Mo_Rashid  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Double Top or Bottom
7
0
supportandresistance doubletoporbottom
USDCAD has been dropping for a long time, it reached the previous resistance on the (weekly time frame) has formed a double bottom forcing it to break from the falling Trend line. Waiting for a retest on the previous resistance/support to jump in for longs.
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