TRADEPROAcademy

USDCAD gearing up for a long breakout above 1.335!

Long
FX:USDCAD   US-Dollar / Kanadischer Dollar
Really strong resistance looks like it's about to break above 1.335, the move higher into the level started from a higher low on the weekly. There was a wick over the past week that failed at the resistance, however, if we get a candle close on the week and daily above 1.335 we will see more upside based on price action. The targeted move is 1.35 and the broken high is expected to hold support on the retrace.

Disclaimer: The idea suggested is for educational purposes only, this is not trading or investment advice.

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