USDCAD - trapped in a range but short opportunity at market lvl
44
Market has broken above the previous resistance which we now can expect to become support. The market currently is at a strong resistance level so we can expect the price to go to the downside and test previous resistance now become support as well as respect the trendline.
Let me know what your thoughts are about the pair in the comment section below. :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.