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TECHNICALFX
30. Nov. 2015 16:56

USDCAD DAILY Long

U.S. Dollar/Canadian DollarFXCM

Beschreibung

We are overal bullish on this pair.
Few reasons are:
Price is putting in Higher Highs and Higher lows on Daily and Weekly.
Price is nice and clear above the 50EMA.
Dollar strength
Potentiel ABCD
We would need to see price breach above 1.345 and to gain more confluences to take any position.
There are also many other reasons we are bullish.
However we could see price break the inner trendilne and touch the outer trendline again.
Kommentare
iammrrichards
Top analysis!
walker.england
Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of planning an entry in an uptrend on a higher high.
TECHNICALFX
Thank you for the recognition.
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