ForexTrendline

Trend Reversal | USDCAD (Update)

Long
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Do you remember the analysis from June 15, when we were expecting a reversal.


It took a while for the price, but the support zone held up and we are already seeing a rise.
This confirms our expectations from June 15 for a reverse and we expect to see higher values.

Resistance levels:

1.3713
1.3775
1.3854

Do you have a trade?

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.