KudaChenjerai

USDCAD bullish signal

Long
KudaChenjerai Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
we may experience a long trade on USDCAD as the pullbacks in a bullish uptrend

The pair has a great opportunity to go long as it is about to touch the 50 EMA and 200 EMA

The pair has also an opportunity to go long as the US Senate prepares to pass a $484 billion package to support small businesses (S.M.E's)

The USDCAD has is about to touch the monthly trendline (indicated by blue lines)

confirmations for long trade entry can be identified when there is several candle rejections at the current support level or 50EMA
Candles such as engulfing patterns and inside bars are also good confirmations

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USDCAD
Trade closed: target reached

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