DeGRAM

USDCAD growth in a smaller channel

Long
FOREXCOM:USDCAD   Dollaro / Dollaro canadese
Since February last year, the price has been in a falling channel.
Another smaller channel has formed in the middle of this channel.
It has existed since January 2021.
The price returned to it at the beginning of February, breaking through the resistance at 1.276.
Touched support 1.266.
Then it rose to resistance and fell back to support.
I expect the price to rise again to the top of the channel line.
The goal is 1.275.

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