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Jal121

USD/CAD - Price Cycles down to Long Term Support

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Jal121  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators fxaxe Forex USDCAD retest zones levels bandr USD fx
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trendanalysis chartpattern indicator fxaxe forex usdcad retest zones levels bandr usd fx
We've seen USD weakness continue into the new trading week. Price produced a lovely break and retest setup on this pair, breaking our yellow support zone and retracing to retest this area - before price fell 85 pips in the following 4 hours.

Price now resides at long term support. Will we see this level broken or will dollar bulls be sitting at this level?

Have a great trading week all!
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