After USDCAD broke out of inverted head & shoulders pattern on March 6th 2019, price came back and retested neck line around 1.3250 - 1.3300 support before going back bullish 160+ pips.
Currently price can retest levels around 1.3300- 1.3250 before another possible leg to the upside towards 1.35000 - 1.36000 resistance.
(NFP) Non - Farm Payrolls (USD) & Employment Change (CAD) release Friday morning if you're located in the US.
So be patient use proper risk management always and wait for multiple confirmations before entering!
Currently price can retest levels around 1.3300- 1.3250 before another possible leg to the upside towards 1.35000 - 1.36000 resistance.
(NFP) Non - Farm Payrolls (USD) & Employment Change (CAD) release Friday morning if you're located in the US.
So be patient use proper risk management always and wait for multiple confirmations before entering!