traderpulse

USD/CAD Technical analysis

Short
traderpulse Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
The USD/CAD pair has is in an ascending channel formation.
It is currently facing resistance at the resistive trendline.
Hence we expect the pair to retrace to its supportive trendline.
Trade closed: target reached

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.