USDCAD- 14Mar2022
On the weekly, USDCAD is consolidating in a triangle pattern. Will just have to wait out on which direction it will breakout.
On the H4, price bounced from 200MA + support at 1.27070. With H1 confirming below 200MA, there is a slight more bias for USDCAD to pull back lower to retest 1.27070.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, USDCAD is consolidating in a triangle pattern. Will just have to wait out on which direction it will breakout.
On the H4, price bounced from 200MA + support at 1.27070. With H1 confirming below 200MA, there is a slight more bias for USDCAD to pull back lower to retest 1.27070.
This is for personal record purposes only, not financial advise or solicitation of trade.
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