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Tradingwithtamil
Mar 22, 2019 11:26 AM

USDCAD: Ascending Wedge Raising the Price Mark. 

U.S. Dollar/Canadian DollarFXCM

Description

Hello traders,

In a 4hr time-frame, USDCAD breaking a small ascending wedge to fire an impulse to overtake the bull zone. Cracking trend marking the possible price hike in favour of USD. In spite of long term concern, the pair could target Bull mark 1.34888. Alternatively, the Canadian strike could over-play with USD in that case-pullback will change the trend.

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Happy trading.
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