FX:USDCAD   U.S. Dollar / Canadian Dollar
178 0 0
I would like to believe that USDCAD             is heading lower. The problem is price action is sitting on a short term trendline (green line) and also right smack in the middle of the longer term downtrend(blue line). I am bearish on this pair but wouldn't mind a pullback to add on my short or a restest of 0.9750 in the coming weeks.
The next strong resistance is around 0.9885 in my opinion.

Gaven
@forexcanada
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out