USDCAD - Breakout
Gooday Guys,
we just had a Breakout of USDCAD. Looking at the 1 hour chart, we had a rising flag in price which price now broke out of.
Major resistance is set at 1.366.
Be careful with the overbought RSI though. It could easily fall back to current levels.
Give me your thoughts in the comments!
cya.
Trade carefully - Build your own analysis.
we just had a Breakout of USDCAD. Looking at the 1 hour chart, we had a rising flag in price which price now broke out of.
Major resistance is set at 1.366.
Be careful with the overbought RSI though. It could easily fall back to current levels.
Give me your thoughts in the comments!
cya.
Trade carefully - Build your own analysis.
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