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AlbCM

USDCAD hits strong support, rebound likely

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
AlbCM Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Fundamental Analysis USDCAD CAD
6
2
supportandresistance trendline fundamental usdcad cad
Today on Sept 1, USDCAD perfectly hits multi-year support level and is expected to go up. If, however, it breaks below, then the blue line is the next level to touch.
Comment:
Broke below right to the second support line. Time to go up.
Comment:
multi-year low is in
Trade active:
USDCAD is out of the woods, long road north ahead
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