USDCAD Price holding Multi-month Support level 1.2690$ and Looking bullish momentum near term. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. USDCAD is facing bullish pressure, as the price has just broken above the...
Good morning everyone,
- RSI over 50
- MACD rising
- Lines crossed EMA50 with a bullish first candle like before (drawn in the Chart), and stays above it .. last time it produced another bullish candle.
- We have a long time bearish trend line who broke some days ago.
Expect at least 50% within the next days.
Everything else drawn in the Chart.