USD/CAD one more confirmation and ready to climb
Followup of my last chart.
As expected, price did break the upper trendline and now it's cracking the 1.1055 resistance. In best case scenario this resistance line will become a new support, and that will be a perfect entry for climbing.
If the price bounces down, it might go back to 1.1035 support and bounce back up again, which can also be an upward signal.
As expected, price did break the upper trendline and now it's cracking the 1.1055 resistance. In best case scenario this resistance line will become a new support, and that will be a perfect entry for climbing.
If the price bounces down, it might go back to 1.1035 support and bounce back up again, which can also be an upward signal.