The price was previously consolidating and now be looking for a downward movement. Price was below the mid-term EMA, and breakthrough down from the current ranging level.
So now, we should be waiting for the price to go up to 1.34806 to have a retest and wait for a bearish candle close lower than the level as well as the previous candles.
If the price successfully reaches the target, you can tp or wait for a further breakout to 1.32022
TP: 1.33530
SL: 1.35097
USDCAD
So now, we should be waiting for the price to go up to 1.34806 to have a retest and wait for a bearish candle close lower than the level as well as the previous candles.
If the price successfully reaches the target, you can tp or wait for a further breakout to 1.32022
TP: 1.33530
SL: 1.35097
USDCAD