USDCAD Buying Opportunity

FX:USDCAD   U.S. Dollar/Canadian Dollar
Since Brexit USDCAD             is seeing pressure to the upside. While it may be choppy with relatively violent swings, the underlying trend is to the upside. Buying down swings has been preferred with the bulls remaining consistently in control. Recently we have just seen a decent pullback on this pair and formed a bottom with a significant double bottom formation. The buying pressure that has stepped in since the formation of the double bottom has held which is usually a sign that price intends to go higher. IF price can break out of the short term down trend and close above it one may want to consider going long USDCAD             with a stop loss below of the low of the double bottom . GOOD LUCK!
Unique4x traders get the best entries!
Trade With Us https://goo.gl/nWZXcK
YouTube Channel: https://goo.gl/CyW4lB
Snapchat: Unique4xPro
Instagram: https://goo.gl/FPyyxA
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out