USDCAD: Structure Based Trade Explained 🇺🇸🇨🇦

Long

Dollaro / Dollaro canadese (FX:USDCAD)

FX:USDCAD Dollaro / Dollaro canadese

Multiple Time Frame Analysis Support and Resistance Double Top or Bottom USDCAD USD DJ FXCM Index canadiandollar CAD Forex forecast trading Contains image

mtfa supportandresistance doubletoporbottom usdcad usd usdollar canadiandollar cad forex forecast trading containsimage

snapshot

USDCAD is trading on a key daily structure support.

The price formed a tine double bottom, testing that structure.
Its neckline was broken, and we see its retest now.

Probabilities are high that we will see a pullback soon.
Goals: 1.3313 / 1.3345

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