TheForexSquad

Supply Level Seems to be Exhausted! Possible Long? USDCAD Daily.

FX:USDCAD   U.S. Dollar / Canadian Dollar
The Supply Level has been tested over six times. the high hasn't been broken. However the pending sell orders seem to be getting filled and eventually the bulls will take control once the imbalance occurs and the sell orders have decreased. I will be keeping an eye on this supply level as it will bring a vast amount of pips once the supply becomes demand.
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.