USD/CAD May Rise

#trading_idea #USDCAD

🇨🇦 USD/CAD - Outlook

On the hourly chart, an Ascending Triangle pattern is forming. The price is testing the resistance at 1.3499. The Bulls & Bears and MACD indicators suggest a possible continuation of the pair's upward movement.

🔼 If the price break through the resistance 1.3499 the further rise to the resistance 1.3515 is possible.

🔽Alternatively, the price may decline de to the support zone 1.3489 - 1.3480.



😎 Hit "👍" if you believe the price will rise and "👎" if you think it's slide.


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