USDCAD just broke below major support !
Price had been consolidating and forming price structure and it has finally touched and broke this zone.
Currently it is rejecting and price action is playing out to fully unravel entry and confirm direction.
We will now be looking for entry confirmations to the downside to 1.24800 price areas
Please do like, comment and subscribe so you don't miss out on any trade ideas, and most importantly, so we grow!
Happy trading from the FX_BOULEVARD Team
Price had been consolidating and forming price structure and it has finally touched and broke this zone.
Currently it is rejecting and price action is playing out to fully unravel entry and confirm direction.
We will now be looking for entry confirmations to the downside to 1.24800 price areas
Please do like, comment and subscribe so you don't miss out on any trade ideas, and most importantly, so we grow!
Happy trading from the FX_BOULEVARD Team
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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.
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.