tommyjose92

USDCAD H1 BULLISH 0.618..

FX:USDCAD   U.S. Dollar / Canadian Dollar
Pattern observed since days ago as a possible bullish setup that might form on the bullish side for the USDCAD and that yesterday showed some support around the 1.2375 level that was also on confluence with a past resistance level and the 0.618 retracement level for the last upward move. The price might reach the 1.2500 level for today after the release of the EIA Crude Oil Stock Change that will be released in 1 Hr 25 M.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.