Update on USDCAD LONG
Take a look at my original analysis, to see how price has behaved.
Price has now completed the Inverse head and shoulder pattern.
Price has retraced to the 61.8 fib level. Here is where price found support at that fib level which also correlated with the daily support.
Price now began making its bullish move to the upside.
I am expecting price to test the monthly/weekly resistance level.
I have linked the original analysis to this (check below).
Analysis performed on March 28
Price has now completed the Inverse head and shoulder pattern.
Price has retraced to the 61.8 fib level. Here is where price found support at that fib level which also correlated with the daily support.
Price now began making its bullish move to the upside.
I am expecting price to test the monthly/weekly resistance level.
I have linked the original analysis to this (check below).
Analysis performed on March 28
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