OraclePips

USDCAD BIAS: SELL; Chart: H1

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello there, I think we have some pips lost in the GU market yesterday. Yes, that's normal. This is inevitable in the forex market. You have to prepare for this.

Today, what do we have? USDCAD. Yes, currently, this pair has been moving in a range for some days now, and traders are picking the top and bottom of the market. Are we going to pick the top or bottom today? Yes. The H1 timeframe has already shown a bearish engulfing candle close to the key resistance area, signaling us that the price is preparing to head down.

Entry: market
Stop Loss:1.3740
Profit: 1.3682

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