🔰 USD/CAD — Is Bearish for the week but we could have pullback
🔻 USDCAD Weekly Candle closed bearish after a Doji Daily Candle - The market will face a bearish movement
🔹 Our major Support from here is 1.2500 Zone
🔹 As long as the price is trading below our red dot line will remain Bearish
✅ The next bearishness likely to come from Oil + DXY which they are dropping from last night ( This is the Liquidity for USDCAD Pair )
🔔 USDCAD is only bullish when the DXY is going up
🔹 Our major Support from here is 1.2500 Zone
🔹 As long as the price is trading below our red dot line will remain Bearish
✅ The next bearishness likely to come from Oil + DXY which they are dropping from last night ( This is the Liquidity for USDCAD Pair )
🔔 USDCAD is only bullish when the DXY is going up
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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.
Related publications
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.