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Peet_Serfontein

USDCAD: bullish trend busy building?

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Peet_Serfontein  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators Contains image
2
1
trendanalysis chartpattern indicator containsimage
Testing major resistance.
A symmetrical triangle pattern is busy unfolding.
The ideal long entry is around 1.3440.
Increase exposure for a break above 1.3630.
The profit target is set at 1.3770.
Stop-loss is set at 1.3395.
Remains above its 200-day simple moving average.
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