USD/CAD - H4 chart
The price has been falling recently, but after hitting 1.1035 support it bounced upward and returned over previous uptrend line. Usd/Cad is still within latest consolidation zone (1.1035-1.1120) but i think it will break above soon. Trading plan is to set long position around 1.1075 with 1.1150 and 1.1210 as targets. For more secure option you may wait until the candle closes above 1.1120
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| USD/CAD - H4 chart |
Trade recommendation
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Set buy order around 1.1075 or buy when it breakes above 1.1120
Target levels: T1: 1.1150 T2: 1.1210
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Current support levels
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Current resistance levels
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