USDCAD SHORT TERM BULLISH VIEW

52
Canadian Dollar is the strongest major currency against US Dollar. USDCAD just broke its Down Trend Line.
In short term view, USDCAD rebound or consolidate in 1.2360-1.2900 area.
Break and hold above 1.2900 open the way to:
1. 1.3000
1. 1.3240
3. 1.3300

1.3780 is its strongest Resistance and while below this level: its medium term outlook still bearish.

Break and below 1.2360 would RESUME its bearish medium term view.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.