USDCAD Must be watched closely for Great Long Opportunity

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USDCAD Must be watched closely for Great Long OpportunityUSD/CADOANDA:USDCADvikinsaUSDCAD does not get its fair share of recognition. It is one of the most underrated currency pairs but from my experience, when it works, it works beautifully especially with patterns. An a lot of analyst do not realise that it is a great indicator for the OIL prices. At the moment on the weekly time frame, I see that it trying to breakout. If this is successful and confirmed, we can see completing a smaller W and even a bigger W pattern. This will means that USD will gain strength even from CAD perspective, Watch out for DXY with it. No an advice as usual! Be careful of the geopolitical situation though and manage the risk. Follow for more. Please support this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂