USDCAD stuck on strong resistance
The price received a strong impetus and rallied significantly at the end of last week.
It broke through two support lines.
But yesterday the price is stuck in a strong resistance zone (crossing of two lines).
One of these lines had its first touch in January, the second in March.
The price will not be able to break through such strong resistance.
I expect the price to fall towards the support line from this strong resistance zone.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It broke through two support lines.
But yesterday the price is stuck in a strong resistance zone (crossing of two lines).
One of these lines had its first touch in January, the second in March.
The price will not be able to break through such strong resistance.
I expect the price to fall towards the support line from this strong resistance zone.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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