TradeWithTheTrend3344

USD/CAD Pair Tests Resistance Levels, Eyes Pivot Point Reaction

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello Everyone,

We've witnessed another challenge to resistance levels in the USD/CAD pair, followed by a subsequent decline. Presently, the price sits below the daily resistance levels and pivot point (PP). Our focus now shifts to a potential retest of the PP points, allowing us to gauge the market's reaction. Additionally, it's noteworthy that we've recently reached a 1-month high at 1.354395.


TradeWithTheTrend3344
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