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Adam_hazouri

USDCAD / Price Action / Chart Pattern /

Long
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
Adam_hazouri Updated   
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Parallel Channel
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supportandresistance parallelchannel
The price is trading in an ascending channel since September last year. On the 4H time frame, the price was moving in congestion area and then broke up. I think the price is likely to go up.
This is the Daily look:
snapshot
Trade closed: stop reached
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