
USD/CAD Strong Buyers!
The USD/CAD pair resumed its growth and now it has jumped far above the downtrend line and above the 1.3520 upside obstacles. You already knew from my previous analysis that jumping above the downtrend line activates an upside continuation.
In the short term the price tried to come back to test and retest the broken upside obstacles but it has failed confirming strong buyers.
USD/CAD Trading Conclusion!
The aggressive breakout above the downtrend line was seen as a new buying opportunity.