Dmitrylip

USDCAD consolidation before the correction.

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The price is consolidated in a narrow corridor on the border of two trading sessions. I believe that the further movement will be up to a powerful level of 1.3200, where the protective orders of the participants will be collected. After that, the correction movement will be directed up to the level of 1.3250-to a large cluster of orders.

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.