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USDCAD steadies, ready to pull back to trendline !

Oleh Tickmill
Broker
USDCAD is testing upside confirmation, in line with our 23.6% fibonacci retracement. We could see a further bounce above this level to our first resistance target if price closes above it. This is also in line with the trendline where price could potentially pull back towards before a reversal.
CADChart PatternsforexsignaslHarmonic PatternsTrend AnalysisUSDUSDCAD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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