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sid1707

Waiting for USDCAD to react in multiple resistance zones

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
sid1707  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD
2
0
trendanalysis chartpattern usdcad
The price might go either way after entering the purple zone. It might react to the previous bullish candle seen during the previous bullish impulse. If the price goes below, the next support level is in the green zone which is weekly resistance turned support. So it's better to wait for the price to react.
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