Good morning people. How’s the week going? Here is our analysis on USDCAD . The time frame used is H1. As we can see that the current trend this pair is going is buy, and it did break out of its resistance, then retrace back a bit hitting the support again and they going up. So as per our analysis the pair will now continue to go up till the resistance line. The resistance line given in our chat is a strong one so we don’t see the pair breaking the resistance.
Let us know in comment section what’s your view on this pair. Like and follow for more analysis. Thanks guys.
Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.