🔰USD/CAD - Simple Analysis to catch Pips by your own this week
🔰 USD/CAD will follow DXY lead - So for this pair is Bullish 🔰
🔻 USDCAD Daily Candle closed Bearish - But the price is trading above our Blue dotted line which was representing a Resistance to this Bearish Trend from last year
🔹 Our Next Bearish Support from here is 1.2600 following our Target as a Major Support for the week
🔹 As long as the price is holding Above 1.2600 will remain in Bullish Market
✅ Bullish Oil + DXY will support this pair to trade Higher
🔔 We will trade USDCAD when the price give us a good Risk to Reward opportunity - at the moment before London Session we will remain Neutral
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.