USD/CAD – Week 30 – Bulls to resume after the pullback.

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
In our previous forecast, we anticipated that USDCAD will drop and will shortly resume the bullish trend . Instead, the price continued the bearish momentum more than we expected, as the correction turned out to be a bit more complex, hence last week’s bullish signal.
For this week we expect the price to lose a bit more momentum and reverse, our target being a new top.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.


Looks like a decent setup, well done!
@ForexTrendline thanks a bunch!
financialflagship Helical_Trades
@Helical_Trades, Thanks a lot!
thanks for sharing
Interesting perspective, I see it similar.