USDCAD; CONTINUATION TO THE UPSIDE?
HELLO TRADERS
Before we talk about USDCAD lets take a look at cad index CXY, cad index has been on a downtrend for a very long time and recently pushed higher to retest a higher downtrending channel and we expect to see a drop to the downside and the weakness of CXY indicates strength in USDCAD
Now back to USDCAD
USDCAD has been on an uptrend for a very long time and made a significant drop to the downside
after this huge correction we expect a continuation to the upside
IF YOU LIKE THE IDEA SUPPORT IT WITH LIKES AND DROP YOUR THOUGHTS IN THE COMENT SECTION
Before we talk about USDCAD lets take a look at cad index CXY, cad index has been on a downtrend for a very long time and recently pushed higher to retest a higher downtrending channel and we expect to see a drop to the downside and the weakness of CXY indicates strength in USDCAD
Now back to USDCAD
USDCAD has been on an uptrend for a very long time and made a significant drop to the downside
after this huge correction we expect a continuation to the upside
IF YOU LIKE THE IDEA SUPPORT IT WITH LIKES AND DROP YOUR THOUGHTS IN THE COMENT SECTION
Note
In LTF ( 1 hour) a formation of a channel is happening lets wait for breakout to the upside as confirmation
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.