USDCAD Make breakdown and start grow
The price recently broke through a strong support line.
However, it continues to shape my previous forecast - growth.
The line is one of the strongest on the chart.
The first touch happened in 2007 (!).
Since then, the price has mostly moved above the line, with rare exceptions.
Now the price has returned to it again.
This indicates that prices are ready for growth.
I expect the price to rise towards the resistance line. Target - around 1.339
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
However, it continues to shape my previous forecast - growth.
The line is one of the strongest on the chart.
The first touch happened in 2007 (!).
Since then, the price has mostly moved above the line, with rare exceptions.
Now the price has returned to it again.
This indicates that prices are ready for growth.
I expect the price to rise towards the resistance line. Target - around 1.339
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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