USDCAD Sell signal on the 2 year Resistance

312
USDCAD is about to hit the 2 year Resistance of the October 13th 2022 High.

The price is on its highest level since and with the 1D MACD having formed a Bearish Cross, we are on the ideal sell entry.

Sell and target the 0.618 Fibonacci level at 1.34250.

Previous chart:

NASDAQ Tight buy on the support level.


Follow us, like the idea and leave a comment below!!

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.