The Plunge on USDCAD
On USDCAD this week, Price has taken the plunge and is now is giving us the first signs of a pullback. I would like to see price truly hit daily supply at 1.2629 before going back down at retesting daily demand at 1.2480 down to the yearly low at 1.2400. Overall, the trend is down on this market and I would like to see it continue and would like to see price continue down. Be aware of a possible selling area as price touches this big daily supply zone.
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.