OANDA:USDCAD   U.S. Dollar / Canadian Dollar
H4 - Price is holding below the negative cloud based on the Ichimoku Cloud indicator.

Also, the price respected the Daily S1 level based on the Pivot Points indicator.

H1 - Price tested the negative cloud and is holding below it.

Until the price holds below this cloud we may expect bearish continuation.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.