Mar 31, 2025
Trade ideas
USDCAD, H4
USDCAD breaks above the bullish falling wedge pattern and 100-MA.
The price faces the 1.4360 resistance, while the MACD histogram crosses the 0-line upwards, giving a bullish momentum.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul
By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.