Canadian after a strong impulse

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1.34 $ earned

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Biznes-Broker.com
Biznes-Broker.com published an idea on USDCAD, D1
last month

The currency pair is in a phase that I have been waiting for for a long time. The first step is to reach designated support across a broad range of several years back. The second argument is the boundary of the wedge trendline from the D1 time interval that we have updated for market dynamics. The third argument is a strong price break without major downward corrections, in a place where many investors previously entered the long position. It is this movement without corrections that is the main factor that gives the signal to confirm all signals. At the moment, only one factor is missing, which is the breakout of local support and immediately a strong move up. Today the attitude towards this couple is bullish.

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