Usd/Cad looks very bullish at the moment,
but some of the targets are close-by and may lead to the pair retesting the lower border of
the weekly bullish trendline
On the weekly chart we can see the bullish weekly trendline
and the weekly fibonacci expansion target of 61.8% just below 1.13
Usd/Cad weekly chart
On the daily chart there is another fibonacci expansion level of 61.8% of the last daily move
around 1.132 - just about the same level as the weekly target of expansion
These two levels tog…
but some of the targets are close-by and may lead to the pair retesting the lower border of
the weekly bullish trendline
On the weekly chart we can see the bullish weekly trendline
and the weekly fibonacci expansion target of 61.8% just below 1.13
Usd/Cad weekly chart
On the daily chart there is another fibonacci expansion level of 61.8% of the last daily move
around 1.132 - just about the same level as the weekly target of expansion
These two levels tog…