USD/CAD Waiting for a Breakout
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It has broken the Descending Channel.
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🔸Now, it is making a corrective structure. If it is broken to the upside, we consider that a bullish move may come, and the target is the Resistance Zone.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Daily Support Zone.
.
🔸It has broken the Descending Channel.
.
🔸Now, it is making a corrective structure. If it is broken to the upside, we consider that a bullish move may come, and the target is the Resistance Zone.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
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