USDCAD- 25Feb2022
On the daily, price finally broke above horizontal overlap resistance at around 1.27770. Need to wait and see whether the upside can follow through today.
On the H4, price confirmed above the channel and the MAs. The price is now retracing back, we could expect the price to face demand at the breakout level around 1st Support at around 1.27570.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price finally broke above horizontal overlap resistance at around 1.27770. Need to wait and see whether the upside can follow through today.
On the H4, price confirmed above the channel and the MAs. The price is now retracing back, we could expect the price to face demand at the breakout level around 1st Support at around 1.27570.
This is for personal record purposes only, not financial advise or solicitation of trade.