USDCAD Long Term BUY

USDCAD has seen a major reversal from its previous bearish run, to where the bulls entered the market at a weekly Support level in a up trending channel. There is a possibility for a huge retracement to retest the Neckline of the Inverted Head and Shoulders pattern before seeing significant upward movement in price. After the retest along with many other confirmations we can enter long.