⚠️ USDCAD price in selling position
The price has been trending since March last year.
In December, it broke through the resistance line 1.292 (line of 2016).
After that, she continued to fall.
The price moves between this line and the support line (2017).
Also, the trend is guided by a small resistance line (March 2020).
After the breakdown of the resistance line 1.292, the price continued to fall in the trend.
Now it stands at the resistance 1.259.
I expect the price to fall against support resistance.
The goal is 1.234.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
In December, it broke through the resistance line 1.292 (line of 2016).
After that, she continued to fall.
The price moves between this line and the support line (2017).
Also, the trend is guided by a small resistance line (March 2020).
After the breakdown of the resistance line 1.292, the price continued to fall in the trend.
Now it stands at the resistance 1.259.
I expect the price to fall against support resistance.
The goal is 1.234.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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