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DeGRAM
Jan 15, 2021 8:29 AM

USDCAD grow to resistance  Long

U.S. Dollar / Canadian DollarFOREX.com

Description

Since March 2019, the price has been moving based on the support line.

The last time it touched the line at point 1.296, the price rallied strongly (January 2020).
Over the past year, the price has returned to the line again.
She touched the line at the beginning of January this year (at point 1.263).
It started to grow, but then worked out the rollback and returned to the line again.
The price is on the strong support line 1.262.
She touched the line, pushed away, and began to grow.
I expect that the growth will continue and the price will come to the resistance zone.
The goal is 1.283.

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Comments
TradingAlchemist
amazing thank you dear
DeGRAM
@TradingAlchemist, You are welcome
Lingrid
price will increase
🐂
DeGRAM
@Lingrid, Right
Solldy
I think the time has come for the price to hit the resistance line!
DeGRAM
@Solldy, Thank you
Investroy
That trend-line seems quite strong! Good job, DeGram!
DeGRAM
@Investroyllc, Thanks a lot bro
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