usdcadneutral

JoeBigBoi

USDCAD is consolidating so we may see it move sideways for a while

SirSepehr

As you can see there was an uptrend which was broken and after a pullback we're expecting a touch to our next weekly supporting zone

libertasrei Updated 

If the resistance area around 1.25x is broken and we get a confirmation, there could be a strong bullish potential, in a longer time frame.

e.achbayar

USDCAD is trapped in a wedge. Do we know where to go? As of now "NO". Lets see which way it breaks out and then decide.

WhiskeyTangoFoxtrot3

Clearly, the dollar is gaining against the Canadian dollar and long USDCAD is a bit crowded at the moment. Moreover, we have upcoming Canadian economic growth (GDP) coming out this week which is expected to be stronger than the previous period at 1.5 percent from 1.1. percent. That is still pretty weak though, it doesn't come out until Friday, and there is plenty...

LszlRakonczai Updated 

USDCAD break H4 uptrend with an impulsive wave, and the price arrived to a massive support/resistance zone. If it break the support open short position with TP: 1.29 If the price didn't break the support zone, and rebound open a long position where TP is: 1.36