USDCAD Analysis
Entered Resistance Zone. Waiting for double top. It could drop down to 1.3906 - 1.3890 zone before testing Resistance zone again. If it breaks below that zone, it'll more than likely retest Support Zone. If it goes back up to Resistance Zone and breaks above it and retest holds, Buy up to next Resistance Zone. If it bounces off Resistance Zone, Sell down to Support Zone. If Support Zone holds, Buy. If it breaks, wait for retest. If retest holds at Support turned Resistance, Sell down to next Support.
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.