ForexTrendline

Will USDCAD reverse the trend?

Long
FX_IDC:USDCAD   Dollaro / Dollaro canadese
The down movement from the last month was broken, and now the price is testing the trendline again.
We already have higher bottoms and a break to a previous peak.
This allows us to expect a reversal and a new rise.

When starting an up movement, the price must reach at least:
1.2835
and
1.2869

The possibility is spoiled by breaking the previous bottom.

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