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USDCAD is testing upside confirmation, more upside !

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Tickmill Broker  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns USD CAD usdcasd forexsignals
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trendanalysis harmonicpatterns chartpattern usd cad usdcasd forexsignals
USDCAD is testing upside confirmation, in line with our 23.6% fibonacci retracement. We could see a further bounce above this level to our first resistance target if price closes above it. This is also in line with the trendline where price could potentially pull back towards before a reversal.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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