USDCAD: Strong Bullish Signal 🇺🇸🇨🇦

Long

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

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Flag Wedge Trend Lines USDCAD priceaction priceactionsignals priceactionstrategy Forex Contains image

flagpattern wedgepattern trendline usdcad priceaction priceactionsignals priceactionstrategy forex containsimage

snapshot

USDCAD formed a bullish flag pattern,
after a strong bullish wave caused by yesterday's CPI report.

The resistance of the flag was broken after the release of PPI
report today.

It is one more important sign of strength of the buyers.
Growth may continue at least to 1.3745 level.

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