- Long Term: On USD/CAD monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660. Earlier this month price broke up this area. - Medium Term: In uptrend. since the high at 1.07 we are in a correction. Now we are closer by trend TL which may hold the price. - Short Term: In this timeframe price may be creating a base zone. I think if price break up 1.06 level, we will have a breakout of this base zone and the medium term uptrend can continue. I'll buy it if so.
