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EpicAnalysis

USDCAD Daily Perspective

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
EpicAnalysis  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Bullish Patterns Bearish Patterns pips Forex epic Technical Analysis
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trendanalysis chartpattern bullish bearish pips forex epic technicalanalysis
After USDCAD broke out of inverted head & shoulders pattern on March 6th 2019, price came back and retested neck line around 1.3250 - 1.3300 support before going back bullish 160+ pips.
Currently price can retest levels around 1.3300- 1.3250 before another possible leg to the upside towards 1.35000 - 1.36000 resistance.

(NFP) Non - Farm Payrolls (USD) & Employment Change (CAD) release Friday morning if you're located in the US.

So be patient use proper risk management always and wait for multiple confirmations before entering!
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