USDCAD Update: Bullish Shark Pattern
A Bullish Shark harmonic pattern is completed at D 1.38900.
Fundamentally: CAD is driven by Crude Oil prices. Global Dollar demand is still alive.
Our Long Trade setup is :
ENTRY 1: 1.38900
ENTRY 2: 1.37950
TARGET 1: 1.40000 / ACHIVED
TARGET 2: 1.40500
TARGET 3: 1.41200
Update: Loonie reached the first target level. We predict bullish continuation. You can book partial profit and move stop loss to entry.
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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
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