Weshareio

USDCAD Zig-Zag Correction - Bullish Bias

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has been trading in a corrective phase for a while. From a technical analysis view, we are bullish but we just had a short-term pullback. Overall we are in a series of 1-2's in a bullish trend. The ending diagonal contracting pattern might be able to hold and causes a bullish spike aggressive entries can be tricky/ risky the conservative entry can be a great option.
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