chestephens1

USDCAD slight BULLISH BREAKOUT @1.33651 (T/P @ 1.34023)

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Over the past month the USDCAD pair has undergone a bullish breakout trend starting April 9th. April 9th passed the 2018 resistance level of 1.33133 which placed the trade in a bullish trend. IT has tested this 1.33133 level twice and I believe it should be on the breakout to 1.34023 initially and a final high of 1.34600. I wish will initiate a buy order at 1.33595. Expect turbulence with bears at 1.38845.




Keep Smiling! :)
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.