We never take trade on 4 hours charts developments. Current Bullish-Flag is visible on DAILY TIME FRAME chart also but 4-HOURS CHART shows more clarity.
We noted bearish signals on 1 Nov and wrote about it But didn't enter short. But Now, KING DOLLAR has taken the control back. ON 5th NOV a bullish signal on DAILY CHART. Bullish Flag also formed.
Both Technical and Fundamentals are aligned in Bullish Favor now.
We are long from 1.3156 with initial target of 1.3271.
Trend AnalysisUSDCAD

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