CashmereRyanL

USDCAD LONG: CAD WEAKNESS OR DOLLAR STRENGTH? A BIT OF BOTH? 🤔

Long
CashmereRyanL Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price has been consolidating above that weekly s/r level for a couple of weeks now (basically the whole month) in the form of a "bullish flag". We also see higher lows being formed which are also supported in the form of a trendline. We'd like see a break of that consolidation to the upside via Canadian dollar weakness or potential US dollar strength across the board.
Target being the 1.28500 Psychological area 🎯

Stay strapped and control risk🙏🏼📈
Comment:
Target hit to the pip 🎯

Stay strapped and control risk🙏🏼📈

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