USDCAD made a false breakout of the ascending channel. It's consolidating around the psychological level at 1.36000.
The market is testing the strong resistance level on the D chart. It might pullback because we have five cinsequitive bullish weeks, so the market should retrace.
We expect a false break of resistance, giving a sign of rejection.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is testing the strong resistance level on the D chart. It might pullback because we have five cinsequitive bullish weeks, so the market should retrace.
We expect a false break of resistance, giving a sign of rejection.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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