USDCAD has tested the lower trend line and is showing signs of a potential reversal. The overall trend remains bullish, but additional confirmation is needed before entering. I’ll be looking to go long above 1.39734, which would signal a strong breakout continuation.
🔹 Trend: Bullish
🔹 Entry Idea: Long above 1.39734
🔹 Confirmation Needed: Break and retest or strong bullish momentum
🔹 Support Zone: Around the trend line
🔹 Resistance: Monitor previous highs once breakout occurs
Let me know your thoughts or drop your chart in the comments below!
🔹 Trend: Bullish
🔹 Entry Idea: Long above 1.39734
🔹 Confirmation Needed: Break and retest or strong bullish momentum
🔹 Support Zone: Around the trend line
🔹 Resistance: Monitor previous highs once breakout occurs
Let me know your thoughts or drop your chart in the comments below!
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