Forex tips - USD/CAD 12/18/2017

freetime(51)
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Hello guys,
Monday is coming and I'm looking for a new opportunity in the forex market. USD/CAD pair grabbed my attention.

USD_CAD.jpg

On one-day timeframe and 20MA (green), 50MA(red) and 200MA (yellow) you can see that a bullish trend is formed. The last candle is big and green and I think that the bullish movement will continue. In my opinion, the price will rise to 1.31 if it goes above the 1.29 level.

Forex tips - USD/CAD 12/18/2017 | Ecency