Hey traders,
It looks like buying volumes are accumulating on USDCAD.
With a recent higher low formation the market is preparing for a breakout of 1.259 - 1.261 resistance cluster.
To catch a bullish swing, wait for a bullish breakout of the underlined yellow area.
That will be our trigger to buy.
Next resistance will be 1.278
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.