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linofx1

USDCAD: Bullish Move From Key Level

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
linofx1  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Triangle
15
5
supportandresistance trendline triangle
I have observed a clear bullish signal on the USDCAD chart following a successful test of an important support level.

The price has created an ascending triangle pattern on the 4-hour chart and has broken above its neckline.

I anticipate that the price will soon reach levels of 1.3739 and 1.3800.
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