FOREXN1

USD/CAD Long from Dynamic Support 61.8% Fibo 200 Sma BUY

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD inside a Bullish channel, in the last sessions the price had a Pullback on 61.8% Fibonacci level, placed in confluence with the dynamic trendline from the channel ( working like Dynamic Support ) and the 200 Moving average. The price after the rebound on these points jumped strongly upster following the Maintrend. The stochastic is in Bullish Divergence in Oversold scenario Plus the RSI already upster. All these clues following the General situation of the market and in particular of the Dollar give us the Bias for the price to continue to rising.

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