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Profitlio_Trading
Apr 20, 2022 7:42 AM

USDCAD Will this Breakout Remains Valid to Revisit the Support? Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD Confirmed a nice breakout on the following trend line picked up but at the moment the price is on a pullback which managed to revisit the trend line. If the breakout remains strong and valid with more bearish pressure then we may see a dip back towards the support highlighted on the structure. The structure formed is an ascending triangle followed up with the resistance.
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