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AbdorhmanThi
Feb 17, 2017 12:22 AM

USDCAD: HNS, Trendline, Bullish Long

U.S. Dollar/Canadian DollarFXCM

Description

It has been awhile that we waited for USDCAD to have the dramatic drop. But it is taking a long time. At this point it is indicating for one more move up, with a head and shoulder forming and possible break of the 4H trendline. A close above the resistance target on the daily will indicate more upside movement if there is a flag formed after breaking both 4H trendline and resistance structure.
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