USDCAD, forecast next week !
USD/CAD OANDA:USDCAD
My view USDCAD
W1:
– Structure: Downtrend
– Tendency: upward and breakout trendline
– Candle: Bullish
–> Buy
D1:
– Structure: Uptrend
– Prior tendency: Strong downward
– However: The price given prior strong bullish .
H4:
– Prior tendency; Downward, weakning
– Minor double bottom
– Test trendline H4–> given signal up !