$USD/CAD is in a clear up-trend

Friday, December 26, 20140 comments

The USD/CAD is in a clear up-trend. When taking a look at the Daily , 4H and 1H charts we can spot a possible trend continuation entry. In the daily chart we got a big bullish impulse, followed by sideways movement,which generally indicates a probable bullish continuation. 

Therefore, all things considered, a break of the patterns and kumo+kijun to the upside will send us long on the USD/CAD.
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