InvestMate|USD/CAD Ready For New Local Highs🍁

🍁USD/CAD Ready For New Local Highs

🍁As I wrote yesterday I expect the upward movement to continue:

🍁There was a beautiful realisation of my upward scenario today.

🍁We found local resistance at 0.618 of the entire downward wave.

🍁Looking at another attempt to break through this level and the dynamics of the candles the breakthrough looks very likely.

🍁Looking at the fact that we are above both 50 and 200 moving averages and the MACD and RSI are generating further upward signals, I have no doubts about the continuation of the upward movement.

🍁The nearest resistance zone is the level of 0.786 of the entire downward wave from the last peak. There may be some reaction there.

🍁The support zone is around the 0.5 level of the same wave

🍁The main target set in the previous post remains unchanged

🍁The scenario I am playing out is a continuation of the upward trend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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