USDCAD: Important Decision Ahead 🇺🇸🇨🇦

Analyzing USDCAD on a weekly we may spot a classic bullish accumulation pattern:
after setting a new lower low around 1.2 structure, the price bounced.
The market started to coil setting two higher lows in a row respecting one horizontal supply area.

Now the price is approaching that structure again.
Its bullish breakout (weekly candle close above) may trigger a strong bullish rally all the way up to 1.33 level.

Be prepared!

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Komentar:

Check my new idea on US100: