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goldtradingexpert

USD/CAD Bullish flag breakout, next target 1.3050

Long
Dollaro / Dollaro canadese (FX:USDCAD)  
goldtradingexpert  
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Chart Patterns Wave Analysis USDCAD usdcadanalysis usdcadlong usdcadforecast usdcadbuy usdcadsetup loonie
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USD/CAD confirms a bullish breakout, with more room to open higher.

USD/CAD breaking above 1.2783 has confirmed the bullish flag breakout and has created more room for the upside bias. Stop-loss should be below the 1.2638 price zone with a target zone of 1.2950/1.2958. Breaking above 1.2958 will open the door for our 2nd target nearly at the 1.3050 price zone.
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