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Ron-FFP

USDCAD 4H Trend Reversal Analysis

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Ron-FFP  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Fundamental Analysis USDCAD usdcadlong usdcadforecast USD nfp Forex trend reversalpoint
6
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trendanalysis fundamental usdcad usdcadlong usdcadforecast usd nfp forex trend reversalpoint
A weekly USDCAD trend reversal could be happening.

First Confirmation: Price Strongly broke the Daily resistance trendline and continued upwards.

Second Confirmation: NFP released figures, so far, show better than the forecast which supports USD strength.

The Final confirmation for this setup will be a strong break and retest of that critical price structure, to signal an entry point.
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