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Yuriy_Bishko

USD/CAD Trading Idea

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Yuriy_Bishko Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD canadiandollar Forex channelbreak forecast
37
11
trendanalysis chartpattern waveanalysis usdcad canadiandollar forex channelbreak forecast
Fundamentally, currency rate will move up because OIL price is going down. Canadian dollar depends on Oil prices when it decreases USD/CAD is moving up always.

Technically, Price can break up downward channel because yesterday was powerful Pinbar which stopped all down move.

I will open buy if the price will break up that channel.
Goals: 1-st: 1.3288 2-nd 1.3348

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Comment:
Price break up Downward channel
snapshot
Trade closed manually
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