VladimirRibakov

USDCAD - Looking To Sell Pullbacks In the Short Term

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
H4 - Price has broken below a strong support zone.

After the breakout this strong support zone is acting as a strong resistance zone for us.

Lower lows.

Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.

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.