USD/CAD has broke a weekly support level of 1.28250. Can it drop to a previous weekly level of 1.24250?
I'm sure we can all agree that it has been an interesting start to the new year. A ton of jobs have been lost unfortunately due to COVID-19 and the number continues to increase. With that being said I am curious about the NFP results tomorrow.
I do feel price...
Hey guys, hope you guys have had a wonderful trading week. I just wanted to upload a quick trade idea as there is a potential opportunity for a sell. USDCAD has hit an area of resistance and is showing weak buying pressure as all the traders that went long are looking to close their position due to the area of resistance. Therefore i have executed a short position...
Parallel channel(value area)
(B) support for pushing the price (c)
Let's little more deeper throughout zooming the chart for the co-relationship by using parallel channel of (A) (B) and (B) moved.
If you want to trade on this pair , just comment then I will update trade-level into timeline.
