The Bullish Rectangle has formed on the USDCAD H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.4174–1.4174 and the upper boundary at 1.4200–1.4200. A breakout above the upper boundary is likely to signal a continuation of the uptrend. FX.co ★ USDCAD H1: Bullish Rectangle
Signal strength 4 of 5
USDCAD H1: Bullish Rectangle
The Bullish Rectangle has formed on the USDCAD H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.4174–1.4174 and the upper boundary at 1.4200–1.4200. A breakout above the upper boundary is likely to signal a continuation of the uptrend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade