RLinda

USDCAD ! Rollback from support. Price in range

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has been in sideways movement for quite a long time. In this phase of the market, both support levels and resistance levels work perfectly, globally the market forces are equal, so the price moves in a range.

Locally: the price returned back to the range 1.2807 1.26500 and is testing the support level after a strong fall
I expect the price to rise from support. In the short term, I expect to achieve the goal - 1.273

Sincerely, R. Linda!

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