USDCAD, an opportinity to go long.

USDCAD / 4H

Hello traders, welcome back to another market breakdown.

Technical analysis: The USDCAD currency pair has been experiencing a bullish trend , with the price consistently breaking higher. Furthermore, on the monthly time frame, the price has rejected a major key level.

However, Today we have CPI data, we I'll be carefull with any setup based on Technical analysis.

The scenario I'm looking at:
Broken resistance becomes support.