USDCAD POTENTIAL REVERSAL FOR A NEW HEALTHY UPTREND

8월 8일

USDCAD make a break of structure for a new higher high.

At this moment, we remark the price is retracing finding the FVG (Buy area) to continue his uptrend.

I draw a potential area of FVG where the price can possibly bounce up for sure for a new higher high may be or 30-50 pips up.

The red line I draw is the area of CHOCH. In case the price break it, we will see a new trend of the price to the downside.

Good luck!