Bearish USDCAD
1.33490 is a key resistance level tested.
The pair is showing a bearish bias as the pair has broken through the EMA,50 and EMA,200.
Due to this, the pair could potentially form a long term bearish move to the T2 trendline which is a key support area.
Trade set up
S/L: 1.33072
Entry: 1.32946
T/P:1.32447
The pair is showing a bearish bias as the pair has broken through the EMA,50 and EMA,200.
Due to this, the pair could potentially form a long term bearish move to the T2 trendline which is a key support area.
Trade set up
S/L: 1.33072
Entry: 1.32946
T/P:1.32447
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.