strong support on usd cad lowest since 2017 , we will see if it bounces or breaks ,
with good usd economic data we can see a bounce on the long
possible scenarios :
bounce of the support long term uptrend up to 1.4700
breaking support we can see down fall to 1.0500 ( next support)
I believe with good us economy recovery it ill bounce from support
if you like the idea please leave a like or a comment if you have any feedback or questions thanks ,also follow if you like the content ,peace!!!
I will be dropping short term idea for usd cad ,
also check my other ideas they are doing great so far
with good usd economic data we can see a bounce on the long
possible scenarios :
bounce of the support long term uptrend up to 1.4700
breaking support we can see down fall to 1.0500 ( next support)
I believe with good us economy recovery it ill bounce from support
if you like the idea please leave a like or a comment if you have any feedback or questions thanks ,also follow if you like the content ,peace!!!
I will be dropping short term idea for usd cad ,
also check my other ideas they are doing great so far