xtrader1

USDCAD DROPS TO 1.3250 MAYBE 1.30

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD D1 28-1-23 = SD + PP + GAPS

- Seasonally FEB/MAR/APR should be bullish
- COT however is in favor of lower prices
- Technically it looks very bearish
- Lower Highs > Lower Lows on HTF
- Pivots: Price started the Quarterly at QPP, now moving to QS1 = 1.3250
- 1.3250 = QS1 = Demand-Zone = GAP = Imbalance = 50% Upswing / very likely to be hit
- 1.3000 = Important Level = Demand-Zone = QM1 / is likely to be hit, but remains to be seen

Sultan of Swing
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