financialflagship

USD/CAD – Week 24 – Giving hopes for a bullish move.

Long
FX_IDC:USDCAD   US-Dollar / Kanadischer Dollar
As we were expecting in the past weeks, the US Dollar finally started to gain some bullish momentum and managed to break-out from the liquidity pool.
For this week we expect the price to make a small pullback towards the bottom channel line and head towards the resistance level.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.


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