USDCAD Has in the past couple of days broken past the 200EMA daily, very bullish sign would anyone agree?
Since MAY its tried to do this a number of times. Once succeeded its now pulled back to what i percieve as pretty strong support: the price area that used to be strong resistance, the 200ema daily, the 21 ema weekly, previous highs.
I plan to enter long if i get a good set up!
Look forward to your comments and analysis.