USD/CAD Strong Uptrend Targeting 1.3600

March 14, 2017

By Admiral Markets

The USD/CAD is in strong uptrend as shown on yesterday Session Recap webinar. Current POC zone is 1.3420-50 and as long as 1.3385 stays strong we might see 1.3550 followed by 1.3600 and 1.3650. The POC (L3, inner trend line, order block, EMA89, narrow triangle breakout) should spike the pair to the upside on subsequent retests towards above mentioned levels. The MACD turned bullish again and no divergence is present so this trade setup is a continuation from yesterday successful USD/CAD setup shown on the webinar.

Follow @TarantulaFX on twitter for latest market updates

Article by Admiral Markets

Source: USD/CAD Strong Uptrend Targeting 1.3600

Free Reports:

Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.




Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.

8 years ago