USDCAD trading idea Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Oct 6, 2016 5:37 PM

The USDCAD is currently moving in a flag. If my count is correct, it's preferred direction should be up, hence a breakout to the upside is more likely. In addition, we have a 1-2-3 pattern in the flag. Good luck