USDCAD → Trade Analysis | SELL SetupUSDCAD forms a false breakdown of resistance, reached the resistance zone, but was subsequently pushed back down.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Usdacad
USD/CAD WEEKLY FORECAST Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Can USDCAD Break This Strong Monthly Suppoort?We already tested this point 2 times already and coming back now for the 3 attempt. Will this be the time that breaks it? If we do, I see price making its way down to 1.308 daily support level, coming back to retest that monthly level to confirm a new resistance and then retracing back down a strong weekly support at the 1.034 - 1.035 price level. Good luck and trade at your own risk.