Weekly technical analysis of the Canadian dollar

The Canadian dollar pair is trading above a broken downward channel on the H4 frame, and now the pair is in the process of testing the broken rib and then ascending, as it has very high buying momentum, which will push the price to the next resistance at 1.3405, from which it will sell again.

Traders are advised to maintain a suitable stop loss for all of their trades.

You can watch the analysis on the Telegram channel here  


Adjustment: Score = + 240 profit points