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FX.co ★ USDCAD H1: Bullish Rectangle

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Technical Analysis Patterns

2024-12-04T14:02:09
Signal strength 4 of 5

USDCAD H1: Bullish Rectangle

Bullish RectangleAccording to the chart of H1, USDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.4082, the lower border is 1.4051. The signal means that a long position should be opened above the upper border 1.4082 of the Bullish Rectangle.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by USDCAD