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Alexander_Harford

USDCAD🇺🇸🇨🇦 to bounce from the Support

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Alexander_Harford  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD Forex ROC
10
3
trendanalysis chartpattern indicator usdcad forex roc
USDCAD🇺🇸🇨🇦 is bouncing from the support zone. Not surprisingly taking into account the Fed's Chairman Jerome Powell's words that "interest rates would not rise any time soon" (www.investing.com/ne...-dovish-tone-2390025).

Elaborating further from the technical perspective we see that the 10&20 EMA are turning upward altogether with the upcoming swing at the ROC 9 , thus it is a good time to long from here.
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