Veteran123
Freshie
- Messages
- 31
- Joined
- May 13, 2024
- Messages
- 31
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Over the medium term, the USD/CAD pair has carved out a consolidation center that is gradually shifting upwards. It is currently establishing support at the upper range of the pullback zone, signaling a potential continuation of the upward trend. Concurrently, it’s in the process of forming a high-level triangle adjustment following a rally, with prices retracing towards the lower bound. This suggests a short-term rebound demand. Tentative long positions may be considered.
