#USDCAD soon to resume a bullish trend; #Loonie, #FOREX

FX:USDCAD   U.S. Dollar / Canadian Dollar
Look for Significant reversal bar at late Monday, early Tuesday, The price action then should takes off to upside. Test of the previous high would be the first target.

There is a chance of short opportunity if the price does not break above and close above the previous High. as demonstrated here,

Please see the comments below:
It seems that a short trade has been materialized:
HamedAghajani HamedAghajani
The price should be moving toward 1.06
hello , hamed,

omidvaram har ja hasti shad va mofavagh bashi.
+1 Reply
MerC Aboozar Khan. I had another view on this pair too.I am not still sure which Idea will play. The Bull one is only valid if I see strong reversal candle formation. Thanks again for the comment and chart. All the best, Hamed.
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