Is USDCAD Ready To Bounce?

Long

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

Updated

OANDA:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis supportandresistance fibonacci usdcad loonie canadiandollar usd greenback forextrading

USDCAD had broken above the downtrend line. The question is will it bounce? If so, how high will it go?

Trade closed: target reached

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.