USDCAD POTENTIAL REVERSAL FOR A NEW HEALTHY UPTREND
USDCAD make a break of structure for a new higher high.
At this moment, we remark the price is retracing finding the FVG (Buy area) to continue his uptrend.
I draw a potential area of FVG where the price can possibly bounce up for sure for a new higher high may be or 30-50 pips up.
The red line I draw is the area of CHOCH. In case the price break it, we will see a new trend of the price to the downside.
Good luck!
At this moment, we remark the price is retracing finding the FVG (Buy area) to continue his uptrend.
I draw a potential area of FVG where the price can possibly bounce up for sure for a new higher high may be or 30-50 pips up.
The red line I draw is the area of CHOCH. In case the price break it, we will see a new trend of the price to the downside.
Good luck!
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