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MicKi

USDCAD Daily

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
MicKi Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD
1
1
trendanalysis chartpattern indicator usdcad
The pair has reached an important level of support and it is very near a long term trade line. It rallied on Friday and made a pullback. We can see that there is an RSI divergence and that makes us think that the pair could be up for a correction.

Trade safe!
Comment:
snapshot

Double bottom in 4H. Getting ready for the correction
Comment:
The pair retrace from the neckline and it remains to be see what will happen next. If it breaks the 1.305 I will be out. Obviously not what we wanted to see
snapshot
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