linofx1

USDCAD: Classic Day Trade & Bullish Outlook

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD shows several signs of a bullish trend, after testing a significant intraday support level.

These include breaking through a resistance line in a falling channel and surpassing the neckline of a double bottom pattern.

We can anticipate upward movement with targets at 1.3719 and 1.3750.

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