FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD looks like it is breaking the bearish trend line, but I never open trades on Friday.
I hate overweeks, especially if I don't have a clear vision.

However, if the break is confirmed next week, the bullish divergence will also be confirmed and USDCAD could make a retracement of over 200 pips.

Let's see what happens!

Cheers and Have a Nice Weekend!
Andrea

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.