The USDCAD is struggling to push higher, with multiple wicks forming around the 1.33 area. This is the same price that caused the USDCAD to plummet in the past.
So, if history repeats itself, we are going to see another meltdown on the USDCAD.
The "strong" bull run's Trendline is also breaking down.
Use appropriate risk management, stay responsible!
Good Luck
So, if history repeats itself, we are going to see another meltdown on the USDCAD.
The "strong" bull run's Trendline is also breaking down.
Use appropriate risk management, stay responsible!
Good Luck
Trade active
Note
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Disclaimer
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.