USD CAD BREAKING SOON

43
As we can notice the price action has touched the resistance level for 3 times in the previous weeks trying to breakout. To notice also the retracement from the 0.382 level of fibonacci which is a healthy sign from the pair to continue trending up. we are now in a consolidation phase looks like that is collecting strenght to pump up, I'm expecting it will continue to going further up breaking the resistance and touching the 0.417 level before having any kind of significant correction.
In the short term we might assist the price action to touch the trend line, a good entry set up could be done after the confirmation of the breakout.
good trade everyone

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.