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Layne_LV

USDCAD Market Outlook | Daily Forex Market Breakdown

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Layne_LV  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Trend Lines Forex Currencies USDCAD usdcadshort usdcadlong usdcadforecast usdcadsell usdcadanalysis
70
9
trendanalysis supportandresistance trendline forex currencies usdcad usdcadshort usdcadlong usdcadforecast usdcadsell usdcadanalysis
USDCAD
We have seen a very strong breakout to the upside. Definitely don’t want to be trading against that. I believe we could be seeing some good long opportunities for us, but first we need to wait and see how low we are coming to push before reversing back to the upside. Watching close to see if we’re going to make a higher low giving us a clean entry for a long.

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