FX:USDCAD   U.S. Dollar / Canadian Dollar
Monthly bullish candle, bullish engulfing pattern of the last 4 weeks on the weekly timeframe!

Closed above 1.24 key level round number and may be back in the consolidation zone, three spinng top doji's on the daily noted above - market indecision.

A close above 1.25 and a break of the cloud will see a move to 1.27, a close below 1.24 on the daily will see a retracement move to 1.23.

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.