Honzino

USDCAD 30min Analysis November 18th, 2022

EIGHTCAP:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD Bearish Idea

Daily Trend: Bearish
4hour Trend: Bearish
1hour Trend: Bearish

Trade scenario 1: We are looking bearish on all higher timeframe.

Looking for continuation after a lower high forms at 1.33000.

Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.
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