USDCAD: Important Structure Ahead! Your Plan: 🇺🇸🇨🇦

٢٨ مايو ٢٠٢٢

Hey traders,

USDCAD is approaching a solid demand cluster on a daily.
1.2645 - 1.272 is a potential reversal zone from where with a high probability we will see a pullback.

Your confirmation to buy the pair will be a bullish breakout of a falling parallel channel on 1H time frame.
Its violation may trigger a correctional move at least to 1.2764 level.

Be patient and wait for a confirmation before you buy!

Have a great weekend!

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