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Oaken

USD/CAD could be preparing to explode higher

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Oaken  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD
0
0
usd_cad
Wait for confirmation before going long. The price needs to 1st bounce and 2nd pierce the downtrend.
Could also be a bear flag. If it breaks the support, wait for the bounce and go short.

Related Ideas

Oaken
USD/CAD nearing the trend line after the support bounce
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