Resistance: 1.0169 moderate/1.0192 minor/1.0210 minor
Support: 1.0151 strong/1.0128 moderate/1.0110 minor
USDCAD has a high credibility bullish pattern Three Inside Up in 4-Hour charts. With prices just above a strong support 1.0151, the Pivot Point, aggressive buys may be taken with a stop loss just under the said price, or below the pattern low whichever is lower. Our price target will be 1.0169 break of which open us to a run for 1.0192 and a possible uptrend.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices