LeoPrime Daily Market Analysis

USDCAD Hourly chat reporting a major Bullish Reversal

USD/CAD pair is currently heading for a bullish reversal after it hit 1.3060 region last week Friday. Bears tried to take control over the unbroken strong channel, but failed to do so. The bulls will continue its trend till 1.34 and above. People who are into the Bears have to hold till it breaks the channel south side.

Daily open: 1.31260
Daily Last high: 1.32048
Daily Last Low: 1.31248
Daily growth: +0.59%