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EliteTradingSignals

USD/CAD BULLS ARE STRONG HERE|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 trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.357 area.

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