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EliteTradingSignals

USD/CAD BUYERS WILL DOMINATE THE MARKET|LONG

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Dólar Americano/Dólar Canadense (FX:USDCAD)  
EliteTradingSignals  
FX:USDCAD   Dólar Americano/Dólar Canadense
Trend Analysis Chart Patterns Wave Analysis USDCAD LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

USD/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.354 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.

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