ForexTrendline

Possibly rise in USDCAD

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FX_IDC:USDCAD   Dólar Americano/Dólar Canadense
The pair formed a bottom at the beginning of the month and followed a rise to 1.3170.
The subsequent downward movement seems to be a correction and we expect its completion.

A definite signal for the end of the correction and resumption of the upward movement will be a break above 1.3113!
This will allow entry to the previous peak as well as to 1.3280.

A break below 1.3040 will break up the current model!

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