TheSocialInvestor

USDCAD -- Weekly Breakdown

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD Weekly Breakdown

On the weekly we see a nice impulsive breakout with an expected pullback to a very strong 38.2% confluence zone. If price is able to hold above this zone USDCAD should see further highs.

Overall longer-term bias -- Bullish

Follow for more updates on this pair going into the week ahead.

Happy Trading!
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