Trade_Point

USDCAD Bullish Outlook

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
As the US Dollar is looking to have a bullish run we may see this pair show a gain in strength as well. More bullish confirmation is given by the inverse head and shoulders pattern here on the 8-hour time frame. Also, price is rejecting the 61.80% Fibonacci retracement level repeatedly.

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Very detailed analysis! Thumbsup! 👍🏻🦐
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amazing chart!
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