USDCAD Analysis: USDCAD made impressive recovery and made 170 pips upside move, reached my predicted level. Currently price at 1.23065 resistance level. If price breaks this level and 1.23842 level, pair will possibly continue long term bullish trend. I will be taking buy trade once price makes retrace to 1.21738 support level or breaks resistance.
My bias is bullish owing to healthy bullish candles and market structure.
My bias is bullish owing to healthy bullish candles and market structure.