UsdCad - Bull Flag

22 Eki 2017

Last week UsdCad bounced from key support at 1.24488 stopping just short of the target at 1.26491. This week we look for a Bull flag correction, and possible test of intermediate support at 1.25207, in order to initiate longs up to the initial target of 1.26491 and a possible breakout clearing the way for the second target at the 1.27730 area of resistance.