
Pound Canadian: In a major bullish channel on the H4 chart, interspersed with a minor descending channel, but the main trend remains bullish according to the main channel. We await the MACD purchasing signal, then enter buying until the 1.7237 resistance level. In the event that the price crosses and breaks the resistance while maintaining the MACD buying signal, the consolidation can be bought again for medium-term targets until the previous high on the H4 chart. Traders are advised to maintain a suitable stop loss for all of their trades