USD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.2301, 1.2319, 1.2400
Key Support Levels: 1.2266, 1.2202, 1.2150
The price on the daily time frame is trending to the upside where it shifted direction as indicated by the arrow. The market made a huge move to the upside represented by a bullish trending candlestick with a huge body.
USD/CAD Medium-Term Trend: Bullish
On the 15-mins time frame, the pair is trading inside a pennant flag. The price managed to break it to the upside. A lower correction has been posted in the highlighted zone. This move could lead to a move upward again to the target profit.
Buy Market Order @ 1.2281
TP 1 @ 1.2300
TP 2 @ 1.2319
Stop Loss @ 1.2271
Trade Safely 🙂