thebrowntrader

USD/CAD 1D // 15 May 2024 Analysis

FX:USDCAD   U.S. Dollar / Canadian Dollar
We can see a beautiful uptrend on USD/CAD on the daily timeframe with the price approaching the trend line and our area of marked support and resistance.

Will wait to see how the price reacts to the trendline as well as the area marked.

Keep in mind that CPI news is coming out today so we can expect to see some big moves.

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