Dear traders
Here i am sharing my view of USDCAD pair
Monthly chart suggest it has got a strong resisitance at 1.40 price zone, and the october month candle clearly indicates a revesrsal ,
Weekly outlook have seen a new low after 5 weeks in USDCAD pair,
1.34 price zone is prone to break now, if this zone get broken then 1.30 price zone become vulnerable
We can identify a triple top in the Daily chart , which added value towards our bearish analysis, we have to wait and watch the power of bears in the upcoming days
Here i am sharing my view of USDCAD pair
Monthly chart suggest it has got a strong resisitance at 1.40 price zone, and the october month candle clearly indicates a revesrsal ,
Weekly outlook have seen a new low after 5 weeks in USDCAD pair,
1.34 price zone is prone to break now, if this zone get broken then 1.30 price zone become vulnerable
We can identify a triple top in the Daily chart , which added value towards our bearish analysis, we have to wait and watch the power of bears in the upcoming days
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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.
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.