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USD/CAD Strong Uptrend Targeting 1.3600

By Admiral Markets

The USD/CAD is in strong uptrend as shown on yesterday Session Recap webinar. Current POC zone is 1.3420-50 and as long as 1.3385 stays strong we might see 1.3550 followed by 1.3600 and 1.3650. The POC (L3, inner trend line, order block, EMA89, narrow triangle breakout) should spike the pair to the upside on subsequent retests towards above mentioned levels. The MACD turned bullish again and no divergence is present so this trade setup is a continuation from yesterday successful USD/CAD setup shown on the webinar.

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Article by Admiral Markets

Source: USD/CAD Strong Uptrend Targeting 1.3600

Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.

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About Louie Lewis

Louie Lewis
Successful forex trading starts with you first. Then comes the actual strategies and techniques. I have been involved with forex and forex trading for a few years now. It is a wonderful way to build wealth. The learning never stops and I want to help others along their journey into this wonderful market of opportunity.

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