USDCAD: Important Breakout & Technical Outlook
Aggiornato
USDCAD is trading within a major falling parallel channel on a daily.
Last week its support was reached, and the consequent reaction was very impulsive:
the price managed to violate a resistance line of a falling wedge pattern and close above that.
Now bullish continuation to the resistance of the major channel is expected.
Broken resistance of the wedge and 1.278 local horizontal structure serve as a local demand area right now.
If you missed long opportunity, I would recommend waiting for a pullback first.
Nota
Check my new analysis on GBPUSD: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.