TriplePips
Short

Will resistance hold USD ?

FX:USDCAD   U.S. Dollar / Canadian Dollar
💡Hello traders,
Hope you all have a fantastic day !

I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.

Like all of USD pairs also USD/CAD has been in downtrend for couple of weeks, however economical data came out better then expected and USD could change trends. In this pair first hurdle is descending resistance line on 4H chart. Will USD have enough strength to break it or bearish price movement will continue ?

Let us know what you think about this idea.

Trade safe !

Comments

Nice! Check this u want :
Reply
Very nice
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out