USDCAD, NEW DIRECTION, POTENTIAL DOWNTREND
Signs of a new downtrend on the lower time-frame are showing a potential drop to the 1.3200 price area. The potential setup remains valid below 1.3310 price area.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Like/comment/follow to get notification updates on this and other ideas.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Trade closed manually:
Signs of upward pressure have been noted. Exited at breakeven.