USDCAD Can Move Down From The Resistance Zone Near 1.3600
USDCAD Can Move Down From The Resistance Zone Near 1.3600
USDCAD is near a strong area of major resistance that was tested twice
over the last month and it stopped there.
USDCAD may face strong resistance near the 1.3600 price area for the third time.
If this happens, then we can see the USDCAD moving down again as shown on the chart.
In the middle of the big pattern, we can see a strong support area of the structure which will be the first to stop the price near 1.3530 and the second should be near 1.3440.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
USDCAD is near a strong area of major resistance that was tested twice
over the last month and it stopped there.
USDCAD may face strong resistance near the 1.3600 price area for the third time.
If this happens, then we can see the USDCAD moving down again as shown on the chart.
In the middle of the big pattern, we can see a strong support area of the structure which will be the first to stop the price near 1.3530 and the second should be near 1.3440.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached:
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