USDCAD is mostly ready for short. After test EMA 200 on H4 and break it USDCAD couldn't find enough buyers to go up. USDCAD made three unsuccessful attempts to go hire on the lower timeframe. But without enough buyers support on this level, it will return to downtrend to find more buyer support. The first aim is 1,300 and the second 1,2850. It`s a good opportunity for some pips.
Trade active
First target. reached
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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.