Hey tradomaniacs,
USD/CAd could move up with the current correction after the recent breakout of the flag-pattern which is a sign for a trend-continuation.
Overall a tricky situatrion for CAD, so fundamentals and news could of course destroy this setup due to the uncertainy regarding to Ukraine/Russia and the Oil-supply which highly affects the canadian dollar.
What do you think? Techincally a good long ino.
USD/CAd could move up with the current correction after the recent breakout of the flag-pattern which is a sign for a trend-continuation.
Overall a tricky situatrion for CAD, so fundamentals and news could of course destroy this setup due to the uncertainy regarding to Ukraine/Russia and the Oil-supply which highly affects the canadian dollar.
What do you think? Techincally a good long ino.
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