The Canadian dollar and a strong rise in the long term.

The Canadian dollar pair was able to get out of the sideways movement

Which represented strong accumulation operations on the weekly frame

In addition to the rise and closing above the psychological level 1.4000

Which is considered a strong psychological resistance.

The pair was able to form strong demand areas for the weekly frame

It is expected that in the event of a decline and correction of the demand areas compatible with the psychological level 1.4000,

it is expected to rise from it.

The pair is often targeting reaching the next psychological level 1.5000.