xosignals

The last increase is a change in trend or just correction#USDCAD

Short
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Only in the weekly graph are we still on the upward trend, in all other chart times (H4, D1, MN), the model has changed to a bearish model.
The USDCAD was stopped at 1.3090 because of the support we have there.
The Stochastic is currently at Oversold.
Short term: The USDCAD can rise to 1.3170 / 80
Long term: 1.2950
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.