USDCAD: Full Market Breakdown : Cup and Handle Pattern

Hello traders, as you can see we have a very strong reversal structure. Price is forming a very strong pattern to the upside . Many reasons to be BULLISH IN DXY.
My advise is to wait for the price to retrace before executing Long trades.

Fundamental Reasons ( fx street source)

• America is hiring again with the Re-Openning.
  The Fed is walking the walk toward tapering bond buys ( hawkish Policy)
  Inflation concerns to become dollar’s friend
  US to absolutely outperform Eurozone and Japan
  Growth and inflation are set to rise
  Rising expectations for a Fed rate hike
  America's accelerated growth path to continue boosting the dollar
  US economy is well on its way to digging itself out of the pandemic
  US vaccine rates prompt market and dollar optimism